Vistra is a Fortune 500 integrated retail electricity and power generation company based in Irving, Texas.
 | |
| Formerly | Vistra Energy Corp. |
|---|---|
| Company type | Public company |
| Industry |
|
| Founded | 2016 |
| Headquarters | , U.S. |
Key people |
|
| Revenue |  US$11.4 billion (2020) |
| US$1.8 billion (2020) | |
| Total assets | US$25.2 billion (2020) |
Number of employees | approx. 4,870 (December 2023) |
| Subsidiaries | |
| Website | vistracorp |
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
editIn 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- ^ "Forbes Global 2000". Retrieved 31 October 2020.
- ^ "PERI - Greenhouse 100 Polluters Index". Political Economy Research Institute. Retrieved 2023-02-23.
- ^ "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.
External links
edit- Official website
- Business data for Vistra Corp.: