Vistra
Vistra is a major energy company headquartered in Irving, Texas, with a diverse portfolio including nuclear, solar, and energy storage facilities, serving around 5 million customers and employing about 6,800 people.
Acquisition of Energy Harbor Corp
Vistra has successfully completed the acquisition of Energy Harbor Corp. This strategic move has expanded Vistra's capabilities, adding approximately 4,000 megawatts of 24/7 nuclear generation to its portfolio. The acquisition also increased Vistra’s customer base by approximately 1 million additional retail customers. This acquisition enhances Vistra's position in the competitive energy market, providing increased generation capacity and a broader customer reach.
Second-Largest Competitive Nuclear Fleet in the U.S.
Vistra operates the second-largest competitive nuclear fleet in the United States. This positions the company as a significant player in the nation's nuclear energy sector. Nuclear power is a key part of Vistra’s generation mix, providing reliable, 24/7 energy to meet customer needs. The company's investment in nuclear energy supports its commitment to delivering stable and sustainable energy solutions.
Installed Generation Capacity
Vistra owns and operates approximately 41,000 megawatts of installed generation capacity. This includes a diverse mix of energy sources such as nuclear, solar, and energy storage facilities. The extensive capacity allows Vistra to meet a wide range of energy demand across various markets, providing flexibility and reliability. The inclusion of renewable energy sources and storage solutions underscores Vistra's commitment to innovation and sustainability.
Customer Base and Retail Brands
Vistra serves approximately 5 million residential, business, and commercial/industrial customers. The company reaches these customers through its various retail brands, ensuring a broad service offering that caters to different market segments. This extensive customer base highlights Vistra's significant presence in the energy retail market, providing competitive options and dependable service to a diverse clientele.
Headquarters and Regional Offices
Vistra is headquartered in Irving, Texas, a central location for its operations. Additionally, the company has regional offices in Houston, Akron, Cincinnati, Columbus, King of Prussia, Collinsville, and Oak Brook. These offices support Vistra's operations and customer service efforts across the country, ensuring localized service and market presence. The strategic placement of these offices helps Vistra maintain strong regional connections and operational efficiency.
Employment and Workforce
Vistra employs about 6,800 people across the United States. This workforce is critical to maintaining the company's daily operations, from energy generation to customer service. The employees are spread across various locations, including the headquarters in Irving, Texas, and multiple regional offices. Vistra's team is essential to its operational success and continued growth in the competitive energy market.