Vistra Adds to its Industry-Leading Generation Portfolio with Acquisition of Cogentrix
Highlights Acquisition of Cogentrix includes ~5,500 megawatts of modern natural gas generation assets at an attractive purchase price, net of expected tax benefits, of approximately $730/kW of capacity. 1Acquisition is expected to deliver mid-single digit Ongoing Operations AFCFbG per share accretion in 2027 and high single-digit accretion on average over 2027-2029. 2Reiterating previously communicated capital allocation plan, including long-term net leverage target of less than 3x, the expected return of ...