Vistra stock jumps in premarket after $4.7 billion Cogentrix deal puts power demand in focus
Vistra shares climbed 4.5% premarket after agreeing to buy Cogentrix Energy for about $4.7 billion, adding 5,500 MW of gas-fired capacity in key U.S. power markets. The deal is set to close in mid-to-late 2026 pending regulatory approvals, with funding to include a $2 billion bridge loan from Goldman Sachs.