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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

New Peaking Plants Planned for North Carolina

LCG, August 12, 2004--The North Carolina Electric Membership Corp. (NCEMC) is planning to build two power plants in North Carolina to meet the growing summer and winter peaking requirements of its members. The combined capacity of the natural gas-fired peaking plants would be about 600 MW.

According to NCEMC, there are sites under consideration in Person, Anson, Wake and Richmond Counties. The Anson site is southwest of Blewett Falls Lake and south of Clark Mountain, roughly 50 miles east of uptown Charlotte.

The power plant proposed for Person County would have a capacity of 340 MW and is estimated to cost $150 million. The plant would have low-sulfur fuel oil as a back-up. Construction is planned to begin in late 2005 or early 2006, with operations targeted to commence in 2007.

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