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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

Calpine Buys 750 Megawatt California Project

LCG, March 22, 2001Calpine Corp. said yesterday it has purchased the development rights for a 750 megawatt natural gas-fired merchant power plant near Bakersfield, Calif., from Enron North America for an undisclosed sum.

Calpine said the $500 million Pastoria Energy Center was licensed by the California Energy Commission last December and construction is scheduled to begin this summer. Commercial operation is expected to begin in time for the summer of 2003.

The facility will be built on property leased from the Tejon Ranch Corp. about 30 miles south of Bakersfield. Calpine said construction will require more than 800 workers during peak building periods and the plant will provide up to 25 permanent jobs once complete.

Calpine will manage all aspects of the project including engineering and design, construction, fuel supply, operations and power marketing.

Calpine, which already has 1,300 megawatts of installed capacity in gas-fired and geothermal plants in California, said it has another 2,100 megawatts under construction in an around the state and 3,800 megawatts more under development.

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