Vistra Energy announced this morning it has entered into an agreement to acquire a 1,054 MW combined cycle, combustion turbine power plant located in Odessa. In addition to expanding Luminant’s fleet of diverse resources and the company’s presence in ERCOT, the Odessa plant allows the company to take advantage of current natural gas prices in […]
VISTRA ENERGY REPORTS FIRST QUARTER 2017 RESULTS
Vistra Energy (NYSE: VST), the parent company for TXU Energy and Luminant, today reported first quarter 2017 net income of $78 million and cash provided by operating activities of $141 million. Adjusted EBITDA for the first quarter 2017 was $276 million and adjusted free cash flow was $(48) million.Vistra Energy reports Q1’17 results. Full earnings […]
Vistra Energy Acquires Solar Development Project, Strengthens Integrated Business Model
Vistra Energy (NYSE: VST), the parent company for TXU Energy and Luminant, announced the purchase of the Upton County Solar 2 development project in West Texas. The purchase delivers on the company’s strategic plan to further strengthen and expand its integrated businesses through enhanced retail solar offerings and diversity across its generation fleet.
DMN: Vistra’s Plan for Success: Go Lean
Article by Mitchell Schnurman published in the Dallas Morning News on January 22, 2017 on how Vistra Energy plans to successfully move the business forward.
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.
A Welcome Letter From Sano Blocker
As the new year begins, it’s a natural time for new beginnings. And it’s in that spirit that we’re excited to introduce you to a new Texas energy company – one that’s 130-plus years in the making.
Parent Company for TXU Energy and Luminant Announces Corporate Rebranding as Vistra Energy
On November 4, 2016, TCEH Corp. announced a new name, Vistra Energy, that builds upon the company’s 130-year track record of serving Texans and launches toward a revitalized future as a leading, dynamic energy player in Texas. As the parent company of TXU Energy and Luminant, Vistra Energy will provide customer-focused service as the state’s […]
TCEH Corp., Parent Company for Luminant and TXU Energy, Emerges from Chapter 11 as a Competitive, Well-Capitalized Company
Link to the official press release for TCEH Corp.’s emergence from Chapter 11 bankruptcy. https://www.energyfutureholdings.com/tceh-corp-parent-company-for-luminant-and-txu-energy-emerges-from-chapter-11-as-a-competitive-well-capitalized-company/
A Letter From Sano Blocker on TCEH Emergence
I am pleased to inform you that Luminant and TXU Energy have emerged from the Chapter 11 process as a standalone company. Oncor’s emergence from bankruptcy is proceeding on a separate timetable. I want to emphasize at the outset: our emergence from this process would not have been possible without the support of all of […]