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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

Puget Energy Eases Restrictions on Some Customers

LCG, March 14, 2001--Eleven industrial electric customers in the Seattle area have reached an agreement with Puget Sound Energy Inc. providing some relief from power prices that have risen about 20 percent in recent months.

The agreement, which must be approved by the Washington state Utilities and Transportation Commission, will allow the five largest of the customers to secure alternative sources of power, including generating their own. The largest among these customers was The Boeing Co.

Four smaller companies, including Intel, will pay a fixed, fairly high price for a now but will later go to a lower flat rate based on the utility's cost to serve them. The smallest customers, the city of Anacortes and Olympic Pipeline, will immediately be place on the lower flat rate.

The 11 customers had requested the regulatory commission for relief from rising prices in the wholesale power market, but it is possible that they had agreed earlier to purchase that power when the going was good.

The Seattle Times reported that Puget Sound Energy had filed suit against six of its largest customers, including Boeing, saying they had reneged on an agreement to buy power at spot market rates.

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