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VISTRA ENERGY SIGNIFICANTLY INCREASES MERGER SYNERGY TARGETS, ANNOUNCES POST-MERGER FINANCIAL GUIDANCE, AND REPORTS FIRST QUARTER RESULTS

On May 4, Vistra Energy held its first post-merger earnings call and announced Q1’18 results. Highlights include: Completed merger with Dynegy on April 9, 2018 — ahead of schedule and without any required divestiture of ERCOT gas-fueled power plants Increased targeted EBITDA, free cash flow, and tax synergy value levers associated with the merger by nearly 60 […]

Vistra Energy And Dynegy To Combine To Create Leading Integrated Power Company

Vistra Energy (NYSE: VST), the parent company for TXU Energy and Luminant, and Dynegy Inc. (NYSE: DYN) announced that their Boards of Directors have approved, and the companies have executed, a definitive merger agreement pursuant to which Dynegy will merge with and into Vistra Energy in a tax-free, all-stock transaction, creating the leading integrated power […]

TXU Energy Pledges $500,000 to Aid Hurricane Impacted Customers and Communities

On August 30, 2017, TXU Energy announced that it has taken steps to help customers impacted by Hurricane Harvey. During this time of extreme need, TXU Energy is assisting affected customers by: Waiving late fees. Extending payment due dates with no down payment required. Reducing down payments and deferring the balances over five equal installments. […]

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 […]

 
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