Vistra Receives Regulatory Approval for Acquisition of Natural Gas Generation Facilities from Lotus Infrastructure Partners

Vistra, a prominent Fortune 500 integrated retail electricity and power generation entity, has obtained regulatory consent from the Federal Energy Regulatory Commission (FERC) for its planned acquisition of specific subsidiaries that own seven contemporary natural gas generation plants from Lotus Infrastructure Partners. The acquisition, disclosed in May, is anticipated to incorporate around 2,600 megawatts of capacity from five combined-cycle gas turbine facilities and two combustion turbine plants into Vistra's diverse generation portfolio.

These facilities, situated across PJM, New England, New York, and California, are expected to enhance Vistra's geographic presence and bolster its capacity to reliably cater to consumers. Additionally, Vistra recently reported the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) and is now awaiting approval from the New York Public Service Commission and fulfilling other customary closing conditions. Vistra, headquartered in Irving, Texas, is recognized for its unwavering commitment to transforming the energy landscape, prioritizing reliability, affordability, and sustainability.

The company operates a dependable power generation fleet encompassing natural gas, nuclear, coal, solar, and battery energy storage facilities, while also adopting an innovative, customer-centric approach to its retail business. The approval from FERC marks a significant milestone for Vistra and paves the way for the finalization of the transaction in the coming quarter or Q1 2026. Notably, the company adheres to a cautious stance on forward-looking statements, emphasizing the inherent uncertainties and risks associated with such projections and the company's operations, and underlines an intent to not undertake any obligation to update such statements, except as required by law.