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Quantum Capital Group Announces Sale of Cogentrix to Vistra for $4.7 Billion
Globenewswire· 2026-01-05 21:20
HOUSTON, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”) today announced that it has entered into definitive agreements to sell approximately 90% of the modern natural gas generation assets owned by Cogentrix Energy (“Cogentrix” or the “Company”), a premier U.S. independent power producer, to Vistra Corp. (NYSE: VST) for a total consideration of approximately $4.7 billion. The Company will retain its ownership interest in Cedar Bayou 4, a 550 MW natural gas-fired plant in Baytown, Texas. ...