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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

NRC Kicks Back FirstEnergy's Application to Renew Operating License for Beaver Valley Station

LCG, March 29, 2005--The Nuclear Regulatory Commission (NRC) has determined that the application to renew the operating licenses of Units 1 and 2 at FirstEnergy Nuclear Operating Companys (FENOC) Beaver Valley nuclear power station is unacceptable for docketing. FENOC stated that it plans to revise the 1,500-page license renewal application (LRA) and to resubmit the LRA to the NRC this summer.

On February 9, 2005, FENOC submitted the license renewal application to the NRC, and the staff began its acceptance review to determine if the application is complete prior to initiating the detailed, technical review. The comprehensive document includes engineering reviews of plant equipment, components, structures and various programs. If granted, the renewal will extend the license to operate the plants by 20 years. The original, forty-year licenses were granted for Units 1 and 2 in the years 1976 and 1987, respectively. A spokesperson for FENOC stated that the situation is not urgent, as the current licenses for the two units do not expire until 2016 and 2027.

The NRC staff found numerous shortcomings in the application, which was three years in the making. The NRC staff identified sections of the application that were: overly general, lacking a basis for conclusions, inconsistent or provided insufficient explanations, lacked non-safety related structures and components scoping, inadequate information for severe accident mitigation alternatives (SAMA) analysis, lack of discussion of recent renewal review experiences, and technically incorrect information. A spokesperson for FENOC stated that revisions would be made after FENOC arranges for a new vendor to update the application.

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