After the market closed on January 5, Eastern Time, Vistra announced that it had signed a definitive agreement to acquire Cogentrix Energy. The transaction encompasses 10 modern natural gas-fired power generation facilities with a total installed capacity of approximately 5,500 megawatts. Cogentrix is indirectly owned by funds managed by Quantum Capital Group. Its assets include: three combined-cycle gas turbine facilities and two gas turbine facilities within the PJM Electric Market area, four combined-cycle gas turbine facilities within the ISO New England region, and one combined heat and power facility within the ERCOT region.