Vistra is a Fortune 275 integrated retail electricity and power generation company based in Irving, Texas.

Vistra Corp.
FormerlyVistra Energy Corp.
Company typePublic company
Industry
  • Energy and Power Generation
Founded2016; 8 years ago (2016)
Headquarters,
U.S.
Key people
  • Jim Burke (CEO)
RevenueDecrease US$11.4 billion (2020)
Decrease US$1.8 billion (2020)
Total assetsDecrease US$25.2 billion (2020)
Number of employees
4,910 (December 2022)
Subsidiaries
Websitevistracorp.com

The company is the largest competitive power generator in the U.S. with a capacity of approximately 39GW powered by a diverse portfolio, including natural gas, nuclear, solar, and battery energy storage facilities.

In the 2020 Forbes Global 2000, Vistra Energy was ranked as the 756th-largest public company in the world.[1]

The company owns the Moss Landing Power Plant in California which currently (2021) contains the largest battery energy storage system in the world (400-MW/1,600-MWh).

As of 2020, the company was the ranked as the highest CO2 emitter in the US.[2]

History edit

In 2016, Texas Competitive Electric Holdings (TCEH), parent company of TXU Energy and Luminant, emerged from Chapter 11 (as part of the bankruptcy protection for Energy Future Holdings Corporation).[3] TCEH was then rebranded as Vistra Energy.[4]

Vistra acquired Dynegy in 2018. In 2019, Ambit Energy was acquired, resulting in a 32% residential market share in ERCOT, with NRG Energy as its largest competitor.[5] It also acquired Crius Energy in 2019.[6]

References edit

  1. ^ "Forbes Global 2000". Retrieved 31 October 2020.
  2. ^ "PERI - Greenhouse 100 Polluters Index". Political Economy Research Institute. Retrieved 2023-02-23.
  3. ^ "TCEH Emerges from Chapter 11". PR Newswire. Retrieved 2022-02-24.
  4. ^ "Vistra Corp Company History". Retrieved 2021-09-15.
  5. ^ "Vistra's spending spree continues with $475M acquisition of Ambit". Utility Dive. Retrieved 2020-04-11.
  6. ^ "Analysts bullish on Vistra as it builds retail book through Crius deal". www.spglobal.com. Retrieved 2020-04-11.

External links edit

  • Official website
  • Business data for Vistra Corp.: