Latest Power Markets News

Vistra delivered a sharp third-quarter earnings increase, raised its 2026 outlook and opened a larger 2027 earnings pipeline. The gains come alongside a major gas-generation acquisition, fresh buyback capacity and a pro forma liquidity decline to about US$5.4 billion.

Vistra has completed its acquisition of Cogentrix Energy, adding 10 natural gas facilities and nearly 5,500 megawatts of generation capacity across three major US power markets. The deal carries approximately US$2.2 billion in cash consideration, US$1.7 billion of assumed debt and 5 million newly issued Vistra shares.

Diamondback Energy delivered a strong third quarter, pairing US$2.1 billion in free cash flow with a higher dividend and increased 2026 production guidance. The company is also expanding its Permian gas exposure as it prepares for higher capital spending and a more infrastructure-heavy growth strategy.

Eden Innovations Ltd trimmed its loss to $5 million in FY2026 while erasing bank debt and converting loans into equity, supported by property sales and capital raises.

RooLife Group (ASX: RLG) reported a 268% jump in FY2026 revenue to nearly $10 million, driven by rapid growth in its own food and beverage products, including RLG Coffee in China. Despite this, the company recorded a $3.58 million net loss, weighed down by impairment charges and R&D investments in renewable energy.

Solution Dynamics Limited reported an 85% drop in net profit for FY2026 to NZD 0.38 million, hit by a major contract loss and investment in its new AI-driven dental marketing platform, nGAGE.

XPON Technologies (ASX: XPN) posted a $1.1 million positive EBITDA in FY26 on 38% revenue growth, shedding Alpha Digital and selling its Google Marketing business to focus on its Wondaris AI platform.

RooLife Group (ASX:RLG) has completed a strategic acquisition to bolster its renewable energy division, acquiring project origination and delivery assets in the battery storage and hybrid power market. The deal is scrip-based, with most consideration contingent on future contract milestones.

Energy One (ASX:EOL) reported a strong FY26 with 14% revenue growth and 38% profit rise, announcing a transformative $99.8 million all-scrip acquisition of Gas Management Services Limited (GMSL) that will deepen its European footprint and bring Fluxys onboard as a major shareholder.

Renowned boosts its US footprint with a landmark RE/MAX partnership and expands multi-year brokerage deals in Australia and New Zealand, driving 3% group revenue growth and positive cash flow in Q3 FY26.

Energy World Corporation is accelerating development of its Pagbilao LNG terminal while launching a strategic review focused on monetising Siemens turbines amid evolving power market dynamics and strong U.S. demand.

Sprintex Limited has inked an exclusive distribution agreement with ChoisTechnics Corp. to expand its hydrogen fuel cell compressor presence in South Korea, targeting key mobility and stationary markets.