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Vistra Announces CEO Transition

On March 21, Vistra announced that its board of directors named longtime company executive Jim Burke as its next CEO, effective August 1. Mr. Burke, who currently serves as president and chief financial officer, will also join the company’s board upon assuming his new role. Vista’s current CEO and board member, Curt Morgan, will stay […]

Vistra Announces Expansion of World’s Largest Battery Energy Storage Facility

On January 24, Vistra announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California. The company has entered into a 15-year resource adequacy agreement with Pacific Gas and Electric Company (PG&E) for a new 350-megawatt/1,400-megawatt-hour battery system. This would complement the existing 400 MW/1,600 MWh of energy storage […]

Vistra Announces Investigation Findings and Corrective Actions Related to Fall 2021 Incident at Moss Landing Energy Storage Facility

On January 21, Vistra announced its principal investigation findings and corrective actions related to the Sept. 4 incident that caused limited battery damage at its Phase I (300 megawatts/1,200 megawatt-hours) Moss Landing Energy Storage Facility in Monterey Bay, California. The investigation found that in response to detection of very low levels of smoke in one […]

Vistra Launches Green Finance Framework

On November 30, Vistra announced the publication of its Green Finance Framework, supported by a second-party opinion from V.E (formerly Vigeo Eiris), part of Moody’s ESG Solutions. The Framework allows Vistra to issue green financial instruments to fund new or existing projects that support renewable energy and energy efficiency, as defined in the Framework, with […]

Vistra, Dynegy Investments Power PA Communities

Since 2019, Vistra and our leading Pennsylvania retail electricity brand, Dynegy, have donated nearly half a million dollars to supporting community partners that are making a difference in their local communities. That means investing in food pantries, schools, fire departments, homeless shelters, and organizations that are focused on environmental sustainability, social justice and racial equity. […]

Bill Payment Assistance Providers

With the summer months upon us we wanted to let Texas House, Senate and Congressional members know about the Comprehensive Energy Assistance Program (CEAP).  CEAP provides much needed utility bill payment assistance (electric, natural gas or propane) for low income (150% of federal poverty guidelines) households or families affected by COVID-19. This program is administered [...]

Zimmer Power Plant to Close

On July 19, Vistra announced it will close the Zimmer Power Plant in Moscow, Ohio, by mid-2022. The company had previously announced the plant would retire no later than 2027 based on environmental regulations. The early retirement decision comes after the plant failed to secure any capacity revenues in the latest auction held in May […]