Vistra to acquire Cogentrix Energy from Quantum Capital Group for $4bn.

Vistra, a power company, agreed to acquire Cogentrix Energy, a renewable energy development company, from Quantum Capital Group, a private equity firm, for $4bn. "The Vistra team is excited to announce the acquisition of the Cogentrix portfolio, marking the second opportunistic expansion of our generation footprint over the past year to support our ability to serve growing customer demand in our key markets. Successfully integrating and operating generation assets is a major undertaking, and our talented team continues to demonstrate that it is a core competency of our company," Jim Burke, Vistra President and CEO.