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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

Bear Head LNG Project Mothballed

LCG, February 9, 2007--Anadarko Petroleum announced Tuesday that it has written off its investment in the Bear Head LNG project, a proposed liquefied natural gas (LNG) terminal to be located on a peninsula on Cape Breton Island, Nova Scotia, Canada. The company stated that it has taken a $111 million charge against its fourth quarter 2006 earnings for the previously planned terminal.

Anadarko Petroleum stated that it was unable to obtain a long-term gas supply and will now mothball the $500 million project. In July 2006, Anadarko announced that it planned to sell Bear Head LNG Corporation, the wholly owned subsidiary developing the project, but that transaction did not come to fruition.

The Bear Head LNG project was designed to receive LNG from tankers and to regasify 1 Bcf/day of natural gas, which was to be transported to Northeast markets via the Maritimes & Northeast Pipeline (M&NP). This initial phase was scheduled to be operational in late 2008. A second phase of the project was anticipated that would increase the sendout capacity to 1.5 Bcf/day.

The Environmental Assessment was approved in August 2004 and construction was initiated in October 2004.





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