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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

45-Megawatt Plant in Alberta Complete

LCG, Jan. 30, 2002--A gas-fired plant that will provide electricity to Alberta's Rainbow Lake and High Level region has been built in under six months.

The Rainbow Lake plant, which is north of Grande Prairie, began as a project to double capacity at ATCO Power's Valleyview project. Instead, ATCO Power and Husky Energy, which operates a gas plant at Rainbow Lake, agreed on bringing the project to the site of an earlier, 45-megawatt cogeneration plant. That plant, which provides steam to the Husky Energy gas plant, started operations in 1999.

ATCO Power's president Gary Bauer said of the decision to enhance reliability at the plant's final location, "we quickly adjusted these projects to meet the electricity needs of Albertans in a rapidly growing part of our province."
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