Company targets growth through new renewable brand, Brighten Energy, and expansion of trusted Dynegy brand in three key states IRVING, Texas, March 7, 2019 /PRNewswire/ — Vistra Energy (NYSE: VST) announced today that it is launching a new retail electricity brand, Brighten Energy, in Illinois, Ohio, and Pennsylvania. Brighten Energy will supply renewable energy to socially […]
Vistra Announces Q4’18 and FY18 Results
IRVING, Texas, Feb. 28, 2019 /PRNewswire/ -- Vistra Energy Corp. (NYSE: VST): Financial Highlights Delivered 2018 Ongoing Operations Adjusted EBITDA1 of $2,809 million and a Net Loss from Ongoing Operations of $7 million—results above consensus and in-line with management guidance midpoint; results more than $180 million above the comparable guidance midpoint when utilizing original guidance curve [...]
Vistra Energy Agrees to Acquire Crius Energy
Vistra Energy Will Become the Leading Residential Electricity Provider in the Nation IRVING, Texas, Feb. 7, 2019 /PRNewswire/ -- Today, Vistra Energy (NYSE: VST) and Crius Energy Trust (TSX: KWH.UN) announced they have entered into a definitive agreement pursuant to which Vistra will acquire Crius Energy for cash consideration of C$7.57 per trust unit. Following [...]
TXU Energy Provides Support for Furloughed Federal Workers
IRVING, Texas, Jan. 18, 2019 /PRNewswire/ -- TXU Energy, the energy retail subsidiary of Vistra Energy (NYSE: VST), today announced a series of energy assistance programs intended to assist customers who have been adversely impacted by the extended federal government shutdown. The announcement is intended to expand awareness of these efforts, respond to customer inquiries, [...]
Vistra Energy Supports Texas PUC’s Market Changes for Reliability
IRVING, Texas — Jan. 17, 2019 — Today the Public Utility Commission of Texas (PUCT) took an important and necessary step to ensure the long-term reliability of the electric market while balancing the cost to consumers. The state’s electric system is critical to the strength of the Texas economy and this decision sends the proper [...]
Luminant Brings Large-Scale Energy Storage to Texas
IRVING, Texas, Jan. 3, 2019 /PRNewswire/ — Luminant, a subsidiary of Vistra Energy (NYSE: VST), announced that its Upton 2 battery energy storage system project has finished construction and began operating on Dec. 31, 2018. The battery system, which is the largest energy storage project in Texas and seventh largest in the United States, is located […]
Pat Wood Op-Ed on Wholesale Pricing in the Texas Competitive Electric Market
Former chairman of the Public Utility Commission and of the Federal Energy Regulatory Commission pens op-ed supporting Texas’ market-based reliability solutions. Click the image for a .pdf version.
Luminant’s Upton 2 Battery Storage Project Awarded Million-Dollar Grant from the State of Texas
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 […]