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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

Dominion's Capps Urges Spent Nuke Fuel Site Completion

LCG, March 28, 2001Thomas E. Capps, chief executive of Dominion Resources Inc., said yesterday that the U.S. Department of Energy should move forward with building a permanent repository for spent fuel from the nation's nuclear power plants.

Speaking at a meeting of business economists, Capps said "The federal repository was supposed to be up and running more than three years ago. To date, the government has spent $6.8 billion and no repository is in sight."

The Energy Department has been studying the problem for 19 years and was to have begun accepting spent nuclear fuel for permanent storage in January of 1998 under a law which was enacted in 1982 and has at least twice been supported by court decisions.

Payment for the storage site, including the billions already spent on research, is funded by a surcharge on the electric bills paid by customers of utilities that own nuclear power plants. The DOE now says it could have the storage site at Yucca Mountain in Nevada ready to accept the spent fuel in 2010.

Currently, spent fuel from the nation's 104 reactors is stored on the power plant sites, and the companies are choking on the stuff. Dominion, which recently agreed to acquire the three-reactor Millstone nuclear complex from Northeast Utilities has more than most.

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