Vistra Completes Acquisition Of Seven Natural Gas Plants, Expanding Diverse Generation Fleet
2,600 megawatts of capacity in key markets enhance company's ability to meet customer needs
Irving, TX
Vistra (NYSE: VST) today announced it has completed the acquisition of seven modern natural gas generation facilities totaling approximately 2,600 MW of capacity from Lotus Infrastructure Partners. The transaction closing follows receipt of all required regulatory approvals.
With this acquisition, Vistra geographically expands its diverse generation portfolio, adding highly efficient assets across key competitive markets, including PJM, New England, New York, and California. These modern facilities strengthen Vistra’s ability to deliver reliable, affordable, and flexible power to customers as the company continues to support the nation’s energy future.
“This acquisition reflects Vistra’s disciplined, opportunistic approach to growth,” said Jim Burke, president and chief executive officer of Vistra. “We start with the needs of our customers – building on our operational capabilities – and then pursue acquisitions that are the right fit for Vistra, with a sharp focus on returns as well as scale. These assets align well with our existing portfolio and our team’s expertise and enhance our ability to deliver consistent value for our customers and shareholders.”
Burke continued, “We’re excited to welcome new team members to Vistra and to build strong partnerships in the communities where these plants operate. Supporting our neighbors and giving back to the places our people and plants call home has always been part of who we are. With the experience gained from integrating large fleets, our teams are well prepared to ensure a seamless transition, guided by our focus on safety and operational excellence.”
About Vistra Commercial and Industrial Retail
As a leading commercial and industrial energy supplier across ERCOT, PJM, and MISO markets, Vistra’s trusted retail brands – TXU Energy, Dynegy, and Homefield Energy – power America’s critical industries with tailored energy solutions, deep market expertise, and regional intelligence. Backed by Vistra’s diverse generation portfolio, we help businesses optimize performance, advance sustainability goals, and power what’s next.
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