Company:Vistra Corp
| Formerly | Vistra Energy Corp. |
|---|---|
| Type | Public company |
| Industry |
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| Founded | 2016 |
| Headquarters | Irving, Texas , U.S. |
Key people |
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| Revenue |  US$11.4 billion (2020) |
| US$1.8 billion (2020) | |
| Total assets | US$25.2 billion (2020) |
Number of employees | 4,910 (December 2022) |
| Subsidiaries |
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| 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).
As of 2020, the company was the ranked as the highest CO2 emitter in the US.[2]
History
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
- ↑ "Forbes Global 2000". https://www.forbes.com/global2000/#39910f1b335d. Retrieved 31 October 2020.
- ↑ "PERI - Greenhouse 100 Polluters Index" (in en-US). https://peri.umass.edu/greenhouse-100-polluters-index-current.
- ↑ "TCEH Emerges from Chapter 11" (in en-US). https://www.prnewswire.com/news-releases/tceh-corp-parent-company-for-luminant-and-txu-energy-emerges-from-chapter-11-as-a-competitive-well-capitalized-company-300338561.html.
- ↑ "Vistra Corp Company History" (in en-US). https://www.vistracorp.com/history/.
- ↑ "Vistra's spending spree continues with $475M acquisition of Ambit" (in en-US). https://www.utilitydive.com/news/vistras-spending-spree-continues-with-475m-acquisition-of-ambit/561456/.
- ↑ "Analysts bullish on Vistra as it builds retail book through Crius deal" (in en-us). https://www.spglobal.com/marketintelligence/en/news-insights/trending/etT07_zEgDbF6hFePQ1bQQ2.
External links
- Official website
- Business data for Vistra Corp.:
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