Vistra gets U.S. FERC approval for next step in acquisition of gas generation fleet
Vistra has received regulatory approval from the Federal Energy Regulatory Commission (FERC) for its previously announced acquisition of certain subsidiaries owning seven modern natural gas generation facilities from Lotus Infrastructure Partners. The transaction remains on track to close this quarter or Q1 2026.
The acquisition, first announced in May, would add approximately 2,600 megawatts of capacity from five combined-cycle gas turbine plants and two combustion turbine plants to Vistra's diverse generation portfolio. Located across PJM, New England, New York, and California, these facilities broaden Vistra's geographic footprint and strengthen its ability to reliably serve customers.
Vistra received FERC approval on October 2 and also announced today the prior expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR). The transaction remains subject to approval by the New York Public Service Commission and other customary closing conditions.
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