Vistra Corp
 | |
| Formerly | Vistra Energy Corp. |
|---|---|
| Company type | Public |
| 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 |
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 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.[3]
History
[edit]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).[4] TCEH was then rebranded as Vistra Energy.[5]
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.[6] It also acquired Crius Energy in 2019.[7]
References
[edit]- ^ "Forbes Global 2000". Retrieved 31 October 2020.
- ^ "PERI - Greenhouse 100 Polluters Index". Political Economy Research Institute. Retrieved 2023-02-23.
- ^ 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
- ^ "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.: