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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

Maryland Retail Electricity Price Caps to End in June

LCG, Apr. 7, 2004--Maryland's plan to open the retail electricity market to price competition will begin to affect the bills of some residents and businesses starting at the end of June, with utilities already having inked contracts for those who opt not to sign up with new suppliers, and which will provide competing suppliers a price to beat.

Significant retail increases are expected when price caps end, based on estimates by the Maryland Public Service Commission (PSC). Each of the four electric power utilities serving the state, including Baltimore Gas and Electric Co., is experiencing higher costs for natural gas. Businesses that purchase power from BG&E will likely pay 17% to 20% more, although residential customers of BG&E will still be protected by price caps until July, 2006.

Potomac Electric Power Co. commercial customers could find their bills going up by up to 35%, the PSC said. The hope of the PSC is that competitive bidding eventually will result in savings for customers, compared with what might have resulted with traditional regulated service, provided exclusively by utilities.
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