Vistra Corp.

Last updated
Vistra Corp.
FormerlyVistra Energy Corp.
Company type Public
Industry
  • Energy and Power Generation
Founded2016;9 years ago (2016)
Headquarters
Irving, Texas
,
U.S.
Key people
  • Jim Burke (CEO)
RevenueIncrease2.svg US$17.2 billion (2024)
Increase2.svgUS$4.1 billion (2024)
Total assets Increase2.svgUS$37.8 billion (2024)
Number of employees
approx. 6,850 (December 2024)
Subsidiaries
Website vistracorp.com
Footnotes /references
[1]

Vistra Corp. is an 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, coal, nuclear, solar, and battery energy storage facilities. [2]

Contents

In the 2020 Forbes Global 2000, Vistra Energy was ranked as the 756th-largest public company in the world. [3] 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. [4] In 2024, it is ranked first as the No. 1 polluter in the United States for the 2024 Greenhouse 100 Polluters Index Report, producing 1.5% of all greenhouse gas emissions generated in the United States of America, according to the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst. [5]

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). [6] TCEH was then rebranded as Vistra Energy. [7]

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. [8] It also acquired Crius Energy in 2019. [9]

In May 2025, Vistra announced they were set to buy seven natural gas power plants for US$1.9 billion from Lotus Infrastructure Partners. [10]

References

  1. ↑ "Vistra 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 28 February 2024.
  2. ↑ https://vistracorp.com/generation/
  3. ↑ "Forbes Global 2000". Forbes . Retrieved 31 October 2020.
  4. ↑ "PERI - Greenhouse 100 Polluters Index". Political Economy Research Institute. Retrieved 2023-02-23.
  5. ↑ https://peri.umass.edu/greenhouse-100-polluters-index-current, Greenhouse 100 Polluters Index (2024 Report, Based on 2022 Data, December 2024, Political Economy Research Institute (PERI), January 24, 2025
  6. ↑ "TCEH Emerges from Chapter 11". PR Newswire (Press release). Retrieved 2022-02-24.
  7. ↑ "Vistra Corp Company History" . Retrieved 2021-09-15.
  8. ↑ "Vistra's spending spree continues with $475M acquisition of Ambit". Utility Dive. Retrieved 2020-04-11.
  9. ↑ "Analysts bullish on Vistra as it builds retail book through Crius deal". www.spglobal.com. Retrieved 2020-04-11.
  10. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2025-05-16.
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