Vistra completes acquisition of seven gas-fired power plants

• 10 months ago (2025-10-23)
• David Flin

Gas 478 North America 1089

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Vistra has announced that it has completed the acquisition of seven gas-fired power plants totalling 2557 MW capacity from Lotus Infrastructure Partners in a $1.9 billion deal, subject to certain net working capital adjustments.

The plants acquired are: Fairless, (1320 MW) and Hazleton (158 MW) in Pennsylvania; Manchester (510 MW) in Rhode Island; Garrison (309 MW) in Delaware; Beaver Falls (108 MW) and Syracuse (103 MW) in New York; and Greenleaf (49 MW) in California.

Jim Burke, President and CEO of Vistra, said: “This acquisition reflects Vistra’s disciplined, opportunistic approach to growth. We start with the needs of our customers – building on our operational capabilities – and then pursue acquisitions that are the right fit for Vestra, with a sharp focus on returns as well as scale. These assets align well with our existing portfolio.”