Vistra Corp. | |
Former Name: | Vistra Energy Corp. |
Type: | Public company |
Hq Location City: | Irving, Texas |
Hq Location Country: | U.S. |
Revenue: | (2020) |
Operating Income: | (2020) |
Num Employees: | (December 2023) |
Vistra is a Fortune 500 integrated retail electricity and power generation company based in Irving, Texas.
The company is the largest competitive power generator in the U.S. with a capacity of approximately 39GW powered by a diverse portfolio, including natural gas, nuclear, solar, and battery energy storage facilities.
In the 2020 Forbes Global 2000, Vistra Energy was ranked as the 756th-largest public company in the world.[1]
The company owns the Moss Landing Power Plant in California which currently (2021) contains the largest battery energy storage system in the world (400-MW/1,600-MWh).
As of 2020, the company was ranked as the highest CO2 emitter in the US.[2]
In 2016, Texas Competitive Electric Holdings (TCEH), parent company of TXU Energy and Luminant, emerged from Chapter 11 (as part of the bankruptcy protection for Energy Future Holdings Corporation).[3] TCEH was then rebranded as Vistra Energy.[4]
Vistra acquired Dynegy in 2018. In 2019, Ambit Energy was acquired, resulting in a 32% residential market share in ERCOT, with NRG Energy as its largest competitor.[5] It also acquired Crius Energy in 2019.[6]