Formerly | Vistra Energy Corp. |
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Company type | Public |
Industry |
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Founded | 2016 |
Headquarters | , 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 | approx. 4,870 (December 2023) |
Subsidiaries | |
Website | vistracorp |
Vistra Corp. 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 as of 2021 contained the largest battery energy storage system in the world (400-MW/1,600-MWh), but was significantly damaged in a fire in January 2025. As of 2020, the company was ranked as the highest CO2 emitter in the US. [2]
In 2016, Texas Competitive Electric Holdings|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 Electric Reliability Council of Texas (ERCOT), with NRG Energy as its largest competitor. [5] It also acquired Crius Energy in 2019. [6]
Energy Future Holdings Corporation is an electric utility company headquartered in Energy Plaza in Downtown Dallas, Texas, United States. The majority of the company's power generation is through coal and nuclear power plants. From 1998 to 2007, the company was known as TXU Corporation until its $45 billion leveraged buyout by Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners. That purchase was the largest leveraged buyout in history. As of 2019, TXU Energy is a subsidiary of publicly traded Vistra Energy.
TXU Energy is an American retail electricity provider headquartered in Irving, Texas, serving residential and business customers in deregulated regions of Texas since the deregulation of the Texas electricity market in 2002. A subsidiary of Vistra Corp, it is one of the largest retail electricity providers in Texas.
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