Vistra to Acquire 2.6 GW Gas Fleet for $1.9B, Citing Surging U.S. Power Demand
Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […]
The post Vistra to Acquire 2.6 GW Gas Fleet for $1.9B, Citing Surging U.S. Power Demand appeared first on POWER Magazine.
Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined…