Luminant, a subsidiary of Vistra Energy (NYSE: VST), announced that it will close two coal-fueled power plants in Central Texas: its two-unit Sandow Power Plant in Milam County and its two-unit Big Brown Power Plant in Freestone County. In total, approximately 2,300 MW of nameplate power will be taken offline in early 2018. See press […]
Luminant Announces Decision to Retire Its Monticello Power Plant
On October 6, 2017, Luminant, a subsidiary of Vistra Energy (NYSE: VST), announced plans to retire its Monticello Power Plant in Titus County, Texas. In total, approximately 1,800 MW of power will be taken offline in January of 2018. See attached press release for more information.
Vistra Energy Announces Agreement to Acquire 1,054 MW CCGT Plant in Odessa, Texas
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.
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 […]