Jump to content

Vistra Corp

From Wikipedia, the free encyclopedia
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
approx. 4,870 (December 2023)
Subsidiaries
Websitevistracorp.com

Vistra is a Fortune 500 integrated retail electricity and power generation company based in Irving, Texas.

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 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.
[edit]
  • Official website
  • Business data for Vistra Corp.: