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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

Natural Gas and Heating Oil Price Forecast Released

LCG, Oct. 8, 2003--The Department of Energy has forecast that the wholesale cost of natural gas will be 9 percent higher during the upcoming winter relative to the previous winter, roughly double prices seen several years ago.

Supplies are predicted to be tight, even if temperatures are in the normal range. If the need for natural gas and heating oil for residential use is higher due to unusually cold temperatures, the cost of heating homes could rise by 22 percent over the cost last year.

Guy Caruso, who heads the Energy Information Administration (EIA) within the Department of Energy, said the forecast EIA released took into account tight supplies of gas and heating oil, as well as crude oil and petroleum products generally. Caruso told the Associated Press, "There's not a lot of cushion if something goes wrong."
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