IRVING, Texas, Oct. 30, 2018 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), today announced that it has been awarded a $1 million grant from the Texas Commission on Environmental Quality for its Upton 2 battery energy storage system project. The New Technology Implementation Grant program is a part of the Texas Emissions Reduction […]
Statement on Illinois Pollution Control Board’s Multi-Pollutant Standards Order
IRVING, Texas, Oct. 8, 2018 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), today released the following statement: Amendments to the Illinois emissions rules suggested by the Illinois Pollution Control Board, like those proposed by the Illinois Environmental Protection Agency, reflect a significant cap on emissions. The IPCB emission caps are more restrictive than […]
Luminant to Close 51-Megawatt Power Facility in PJM Electric Market
IRVING, Texas, Aug. 24, 2018 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), today announced that it filed a notice of suspension of operations with PJM and other mandatory regulatory notifications related to the retirement of its 51-megawatt waste coal facility, Northeastern Power Company, in McAdoo, Pennsylvania, due to its uneconomic operations and negative […]
Vistra Energy Reports Second Quarter 2018 Results Above Expectations, Reaffirms 2018 / 2019 Ongoing Operations Guidance
Second Quarter Highlights IRVING, Texas, Aug. 6, 2018 Closed merger with Dynegy Inc. (Dynegy) on April 9, raising expected EBITDA value levers by approximately 43 percent to $500 million, increasing after-tax free cash flow value levers by approximately 300 percent to $260 million, and improving its five-year cash tax and TRA forecast by approximately $1.7 […]
Vistra Energy to Develop 300-Megawatt Battery Storage Project in California
IRVING, Texas, June 29, 2018 /PRNewswire/ — Vistra Energy (NYSE: VST) today announced that, subject to approval by the California Public Utilities Commission (CPUC), the company will enter into a 20-year resource adequacy contract with Pacific Gas and Electric Company (PG&E). Under the contract, Vistra will develop a 300-megawatt/1,200-megawatt hour, battery energy storage project at its […]
Vistra Energy Chief Executive Officer, Curt Morgan, to be Featured in Upcoming Podcast Interview on “Investing with the Buyside”
IRVING, Texas, June 25, 2018 /PRNewswire/ — Vistra Energy Corp. (NYSE: VST) today announced that Curt Morgan, Vistra’s president and chief executive officer, will be featured in an upcoming podcast interview on “Investing with the Buyside,” hosted by Nate Abercrombie. The podcast interview will be available beginning at 9 a.m. ET (8 a.m. CT) today, […]
Resources
Upton 2 Solar Power Plant Achieves Commercial Operation
Largest operating solar facility in Texas harnessing power from the sun IRVING, Texas, June 1, 2018 /PRNewswire/ — Vistra Energy (NYSE: VST) today announced that its Upton 2 Solar Power Plant in West Texas has achieved commercial operations. At 180 megawatts, Upton 2 is Texas’ largest operating solar facility. The company’s power generating subsidiary, Luminant, […]
TXU Energy is a hot property
On Tuesday, Mitch Schnurman, the Dallas Morning News’ Business columnist, wrote a complimentary piece about TXU Energy. The column highlighted its significant brand attributes, relentless focus on the customer, growth and sharply decreased level of PUC complaints. TXU Energy President Scott Hudson called it “overall recognition of the people of TXU Energy and all the […]
2017 PUCT Scope of Competition Report
2017 edition of the biennial Scope of Competition report from the Public Utility Commission of Texas updating the Texas Legislature on the current status of the competitive electric markets in Texas. Includes the agency’s legislative recommendations to the 85th Texas Legislature.