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Vistra gains after deal to buy Cogentrix Energy for $4.7 bln

ReutersJan 5, 2026 10:20 PM

Shares of utility Vistra VST.N rise 6.2% in extended trading

Company to acquire Cogentrix Energy from Quantum Capital Group for nearly $4.7 billion

Deal includes three combined cycle gas turbine facilities and two combustion turbine facilities located across PJM

Transaction also includes four combined cycle gas turbine facilities in ISO New England and one cogeneration facility in ERCOT

Deal is expected to close in mid-to-late 2026

VST shares up 17% in 2025

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