Vistra Corp.

Vistra Corp. is an 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, coal, nuclear, solar, and battery energy storage facilities.^[2]

Vistra Corp.

Formerly	Vistra Energy Corp.
Company type	Public
Traded as	NYSE: VST DJUA component S&P 500 component
Industry	Energy and Power Generation
Founded	2016; 9 years ago (2016)
Headquarters	Irving, Texas , U.S.
Key people	Jim Burke (CEO)
Revenue	US$17.2 billion (2024)
Operating income	US$4.1 billion (2024)
Total assets	US$37.8 billion (2024)
Number of employees	approx. 6,850 (December 2024)
Subsidiaries	TXU Energy Luminant Dynegy Homefield Energy Ambit Energy Crius Energy Energy Harbor
Website	vistracorp.com
Footnotes / references [1]

In the 2020 Forbes Global 2000, Vistra Energy was ranked as the 756th-largest public company in the world.^[3] The company owns the Moss Landing Power Plant in California which as of 2021 contained the largest battery energy storage system in the world (400-MW/1,600-MWh), but was significantly damaged in a fire in January 2025. As of 2020, the company was ranked as the highest CO₂ emitter in the US.^[4] In 2024, it is ranked first as the No. 1 polluter in the United States for the 2024 Greenhouse 100 Polluters Index Report, producing 1.5% of all greenhouse gas emissions generated in the United States of America, according to the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst.^[5]

History

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).^[6] TCEH was then rebranded as Vistra Energy.^[7]

Vistra acquired Dynegy in 2018. In 2019, Ambit Energy was acquired, resulting in a 32% residential market share in Electric Reliability Council of Texas (ERCOT), with NRG Energy as its largest competitor.^[8] It also acquired Crius Energy in 2019.^[9]

In May 2025, Vistra announced they were set to buy seven natural gas power plants for US$1.9 billion from Lotus Infrastructure Partners.^[10]