Latham & Watkins Advises Vistra on Acquisition of Natural Gas-Fired Power Plants

Vistra Corp. (NYSE: VST) has announced that it has executed a definitive agreement to acquire seven modern natural gas generation facilities, totaling approximately 2,600 MW of capacity, from Lotus Infrastructure Partners. The acquisition includes five combined cycle gas turbine facilities and two combustion turbine facilities located across PJM, New England, New York, and California, further geographically diversifying Vistra's natural gas fleet.

Latham & Watkins LLP represents Vistra in the transaction with a corporate deal team led by Houston partner Trina Chandler and New York partner Caroline Phillips, with associates Lachlan Sievert, Rebekah Bingham, Caroline Silverstein, Alexandra Cumberland, Diego Guimaraes-Blandon, Logan McDowell, and Johnny Zhuang. Advice was also provided on benefits matters by New York partner Max Raskin, with associates Mary Daniel Morgan and Christina Schrantz; on regulatory matters by Washington, D.C. partner Natasha Gianvecchio and Washington, D.C. counsel James Blackburn; on labor and employment matters by Chicago counsel Laura Waller, with associate Jenny Bobbitt; on environment, land, and resources matters by Washington, D.C. partner Stacey VanBelleghem, with associates Jacqueline Zhang and Phil Goldberg; on data privacy matters by Houston partner Robert Brown, with associate Brianna Gordon; on intellectual property matters by Bay Area partner Michelle Gross, with associate Caroline Omotayo; on project development and finance matters by San Diego counsel Seth Richardson, with associate Kyle Pascucci; on anti-bribery and anti-corruption matters by associate Leandra Joseph; on sanctions and export controls matters by associates Eric Green and Amulya Vadapalli; on tax matters by New York partner Jocelyn Noll, with associate Chris Zhao; on FCC matters by Washington, D.C. partner Elizabeth Park, with connectivity, privacy, and information attorney Bradley Bourne; and on representations and warranty insurance matters by Los Angeles partner S. Drew Levin, with associate Enrique Covarrubias.