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    Home»Utilities»Utilities Up on Expectations for Demand Increase — Utilities Roundup
    Utilities

    Utilities Up on Expectations for Demand Increase — Utilities Roundup

    January 6, 20262 Mins Read


    Shares of power producers rose amid expectations for a boom in electricity sales.

    Vistra shares rose after the electricity-generation company agreed to buy Cogentrix Energy from investment firm Quantum Capital Group, in a $4 billion deal consisting of cash, stock, and debt, adding 10 natural-gas plants. The deal is part of the utility sector’s scramble to respond to a sharp increase in demand for power.

    The Department of Energy awarded three $900 million task orders for uranium enrichment to American Centrifuge Operating, General Matter, and Orano Federal Services.

    Write to Rob Curran at rob.curran@dowjones.com

    (END) Dow Jones Newswires

    January 06, 2026 17:59 ET (22:59 GMT)

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