Eversheds Sutherland Advises Lotus Infrastructure Partners on its Sale of Natural Gas Assets to Vistra Corp.

Eversheds Sutherland Advises Lotus Infrastructure Partners on its Sale of Natural Gas Assets to Vistra Corp.

May 20, 2025

United States
United States
United States

Eversheds Sutherland is pleased to have advised Lotus Infrastructure Partners on its announced sale of seven modern natural gas generation facilities to Vistra Corp. (NYSE: VST), totaling approximately 2,600 MW of capacity.

Vistra is acquiring these assets for $1.9 billion.

The sale 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.

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

See Vistra’s full press release here.

The Eversheds Sutherland team advising Lotus Infrastructure Partners is led by Senior Counsel Jonathan Gottlieb and Counsel Allison Salvia, with assistance from Senior Associate Haldane Davies and Associate Kelly Cuthbertson.
The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

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jonathangottlieb@eversheds-sutherland.com

Jonathan W. Gottlieb

Of Counsel

Washington, DC, United States

allisonsalvia@eversheds-sutherland.com

Allison E. S. Salvia

Partner

Washington, DC, United States

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