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Vistra Announces Acquisition of Cogentrix Energy's 5,500 MW Gas-Fired Fleet is Complete

LCG, November 2, 2026--Vistra Corp. announced on October 30 that, following receipt of all required regulatory approvals, it has completed the acquisition of Cogentrix Energy from funds managed by Quantum Capital Group. The acquisition consists of 10 natural gas-fired power generation facilities totaling nearly 5,500 MW of capacity. The addition of Cogentrix's facilities to Vistra's existing generation portfolio raises Vistra's U.S. generation portfolio to nearly 50,000 MW.

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Data Center Customer Adds 620 MW Order for INNIO's J624 Gas Engines

LCG, October 23, 2026--INNIO N.V. yesterday announced a 620 MW follow-on order from a developer and operator of mega-scale data center campuses in the United States. Together with the customer's 1.1 GW order announced previously in July, the new order brings cumulative orders from the customer to approximately 1.72 GW this year.

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Industry News

Bush to Speed Cross-Border Permits with Mexico

LCG, March 9, 2001U.S. Energy Secretary Spencer, in Mexico City for the Fifth Hemispheric Energy Ministers Meeting, said yesterday the Bush administration will speed up the permitting process for electricity ties with Mexico.

Acknowledging the benefits of U.S. Mexican trade in electric power, Abraham said transmission arrangements were among the biggest obstacles. He said he had discussed the permitting process with Mexican Energy Minister Ernesto Martens and with Alfred Elias Ayub, director of the Comisin Federal de Electricidad.

Though Mexico has power shortages of its own, several new power plants in northwestern Mexico are under development with an eye to exporting power to California. One such plant, to be built in Mexicali, 10 miles south of El Centro, Calif., will require permits just to send its power to Calexico, Calif., which is across the street.

Abraham said "We are going to do our best to try to make this process work better, consistent with the goals of having a legitimate permits process." He had said earlier that the Energy Department would issue a permit for a cross-border connection at Brownsville, Texas.

But Abraham pointed out that there was room for lots of improvement within the U.S. If Mexican power were imported into Southern California, it might go no further because of constraints in California's aging transmission grid. He said California's problems have led the administration to take a closer look at the situation throughout the United States.

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