Vistra Corp
Formerly | Vistra Energy Corp. |
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Type | Public company |
Industry |
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Founded | 2016 |
Headquarters | , U.S. |
Key people |
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Revenue | ![]() |
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Total assets | ![]() |
Number of employees | 5,365 (2020) |
Subsidiaries | |
Website | vistracorp |
Vistra is a Fortune 275 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).
History[]
In 2016, , parent company of TXU Energy and Luminant, emerged from Chapter 11 (as part of the bankruptcy protection for Energy Future Holdings Corporation).[2] TCEH was then rebranded as Vistra Energy.[3]
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.[4] It also acquired Crius Energy in 2019.[5]
References[]
- ^ "Forbes Global 2000". Retrieved 31 October 2020.
- ^ "TCEH Emerges from Chapter 11". PR Newswire. Retrieved 2022-02-24.
- ^ "Vistra Corp Company History". Retrieved 2021-09-15.
- ^ "Vistra's spending spree continues with $475M acquisition of Ambit". Utility Dive. Retrieved 2020-04-11.
- ^ "Analysts bullish on Vistra as it builds retail book through Crius deal". www.spglobal.com. Retrieved 2020-04-11.
- Companies based in Texas
- Electric power companies of the United States