Vistra expands its gas fleet with the acquisition of Cogentrix for  billion

Vistra expands its gas fleet with the acquisition of Cogentrix for $4 billion

Vistra Corp. (VST) has reached a deal to significantly expand its U.S. generation footprint, agreeing to acquire the portfolio of Cogentrix Energy in a transaction valued at approximately $4 billion, including assumed debt and tax benefits. The acquisition brings approximately 5,500 megawatts of modern natural gas-fired capacity to Vistra’s fleet, strengthening its position in three…

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