Eversheds Sutherland Advised Lotus Infrastructure Partners On $1.9 Billion Sale Of Gas Generation Assets To Vistra Corp

Eversheds Sutherland advised Lotus Infrastructure Partners on $1.9 billion sale of gas generation assets to Vistra Corp

Eversheds Sutherland advised Lotus Infrastructure Partners on its announced sale of seven modern natural gas generation facilities to Vistra Corp. (NYSE: VST) for a total consideration of $1.9 billion. The transaction covers approximately 2,600 MW of generation capacity.

The portfolio being sold includes five combined cycle gas turbine facilities and two combustion turbine facilities, located across PJM, New England, New York, and California, thereby further diversifying Vistra’s existing natural gas fleet across key energy markets in the United States.

The transaction is subject to regulatory approvals, including from the Federal Energy Regulatory Commission and the Department of Justice under the Hart-Scott-Rodino Act, and is expected to close in late 2025 or early 2026.

The Eversheds Sutherland team was led by Jonathan Gottlieb (Senior Counsel) and Allison Salvia (Counsel), with assistance from Haldane Davies (Senior Associate) and Kelly Cuthbertson (Associate).

If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.