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.

Services

Industries

Key contacts

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

Latest Insights

Latest News

  • client news
  • firm news
  • firm news
  • firm news

Latest Events

Geothermal Power Plant

podcasts and webcasts

October 12, 2026

Energy Transition Series - Energy Transition and Pricing Volatility

Building Image

legal updates

October 08, 2026

The Commercial Payments Bill: Practical Implications for Commercial Contrac...

ma-2026-report-intro

guides and reports

October 07, 2026

Technology, AI and the changing legal landscape of M&A

ma-report-2026-part1

guides and reports

October 07, 2026

How AI is democratizing M&A for buyers and investors

© Eversheds Sutherland 2026. All rights reserved. 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.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website. For information on Konexo please also see the Legal Notices page of this