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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

TXU May Dip Toe in Italian Power Sector

LCG, March 12, 2001The European subsidiary of U.S. energy firm TXU Corp. said on Friday it is exploring the possibility of entering the Italian energy market this year by purchasing or forming an alliance with a small municipal utility.

Paul Marsh, finance director of TXU Europe, told a press conference "We're talking to a number of municipalities to take a stake and we hope to reach an agreement this year. It will not be a major acquisition but more of a small incremental piece to increase our presence in Europe."

The Italian power market, partially liberalized in 1999 under rules set by the European Commission, has been slow to open up on its own accord. Much of the attention has been directed to the sale by Italian energy monopoly Enel of 25 percent of its generating capacity.

"We're not interested in buying Enel's plants, we prefer to team up with small local players," Marsh said. "We want to follow the same strategy in Italy as we did in Germany through the purchase of a stake in Kiel Statdwerke (city works)."

Last year, TXU Europe purchased a 51 percent interest in the municipal utility of Kiel in northern Germany for $214 million.

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