Vistra Completes Acquisition of Cogentrix Energy, Expanding Diverse Generation Fleet

The US DOJ closed its probe into the Vistra-Cogentrix merger after the companies agreed to divest a Maine power plant, addressing concerns about market power and price hikes. The DOJ will monitor the divestiture sale.

Vistra Corp. (VST) completed its acquisition of Cogentrix Energy, adding 5,500 MW of natural gas capacity across 10 U.S. plants. The deal, closed on Oct. 30, 2026, expands Vistra's total generation capacity to nearly 50,000 MW. The acquired assets are located in key markets like PJM, ISO-NE, and ERCOT. Vistra's CEO highlighted the strategic fit of the acquisition for meeting growing energy demands.

Vistra Corp. (NYSE: VST) completed its acquisition of Cogentrix Energy, adding 10 natural gas plants with 5,500 MW of capacity. The deal expands Vistra's total generation capacity to nearly 50,000 MW. The acquired assets are located in PJM, ISO New England, and ERCOT markets. Financial terms were not disclosed.

Vistra Corp. (VST) completed its $4 billion acquisition of Cogentrix Energy from Quantum Capital Group, adding 10 natural gas facilities with 5,500 MW capacity. The deal includes cash, stock, and debt assumptions, with Vistra expecting mid-single-digit free cash flow accretion in 2027 and high single-digit accretion through 2029.

Vistra (VST) completed its acquisition of Cogentrix Energy, adding 10 natural gas facilities with 5,500 MW of capacity. The deal expands Vistra's portfolio to nearly 50,000 MW. Analysts have adjusted price targets for VST, with mixed options sentiment.

Vistra Corp. (NYSE:VST) completed its acquisition of Cogentrix Energy, adding 10 natural gas facilities with 5,500 MW of capacity. This increases Vistra's total generation capacity to nearly 50,000 MW. The transaction, following regulatory approvals, includes facilities in PJM, ISO New England, and ERCOT markets. According to Vistra, this acquisition strengthens its natural gas portfolio.