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March 16, 2022
Vistra Says Action Permissible Under PUC Rule Addressing Acquisitions
Several customers have alleged on social media that Value Based Brands LLC, a unit of Vistra doing business as 4Change Energy, is moving such customers to a higher, variable rate as a result of acquiring such customers from Windrose Energy
March 15, 2022
A Texas retail electric provider has reached an agreement to acquire…
March 14, 2022
Blitz Ventures Inc. d/b/a EnergyBot, the retail electricity plan comparison website owned by Vistra, received an amended electricity license from…
February 25, 2022
Vistra reported financial results for the quarter and full year ending December 31, 2021.
February 23, 2022
Vistra announced today that its board of directors has declared a quarterly dividend of…
February 9, 2022
The recently formed Retail Energy Advancement League (REAL) selected Christopher Ercoli as President and CEO to lead the non-partisan retail energy advocacy organization.
February 7, 2022
Illinois Attorney General Kwame Raoul has filed a motion with the Federal Energy Regulatory Commission (FERC) asking that Dynegy, Inc. (Dynegy) be required to refund more than approximately $428 million to customers in central and southern Illinois as the AG alleged such customers, "were overcharged…
February 3, 2022
Calpine Energy Solutions, CleanChoice Energy, IGS Energy, NRG Energy, and Vistra, as founding board member companies, have launched a new national advocacy organization, "dedicated to the modernization of retail energy markets and consumer choice," called the Retail Energy Advancement League (REAL)
January 25, 2022
The Retail Energy Supply Association (RESA) announced its new officers and state chairs for 2022.
January 24, 2022
Vistra today announced that it plans to further expand its Moss Landing Energy Storage Facility in Moss Landing, California.
December 30, 2021
The New Hampshire PUC approved new default service (energy service) rates at Liberty Utilities (Granite State Electric) for the period February 1, 2022 through July 31, 2022
December 7, 2021
Vistra Corp. today announced the launch of a private offering pursuant to its newly adopted Vistra Green Finance Framework of $750 million of new Series B Fixed-Rate Reset Cumulative Redeemable Green Perpetual Preferred Stock to qualified institutional buyers pursuant to Rule 144A under the…
November 18, 2021
Pogo Energy, LLC, (Debtor) has filed with a bankruptcy court a proposed plan of reorganization (the "Plan") that would see the reorganized company continue service to retail customers, as Pogo has reached a settlement with its wholesale supplier and credit provider Luminant
November 5, 2021
Vistra reported third quarter 2021 Adjusted EBITDA from the Retail segment of $65 million, $205 million higher than third quarter 2020 results (which saw negative $140 million in Adjusted EBITDA for the Retail segment), "driven by the execution of Vistra's self-help initiatives following Uri and…
October 13, 2021
Pogo Energy, LLC ('Debtor') requested that a federal bankruptcy court extend the periods of time under sections 1121(c)(2) and (3) of the Bankruptcy Code within which only the Debtor may file a plan and solicit acceptances of the plan (the 'Exclusivity Periods') by 60 days, stating that Debtor and…
October 12, 2021
Vistra Corp. (the "Company" or "Vistra") today announced a new $2 billion share repurchase program and the pricing of a private offering (the "Offering") of 1,000,000 shares of its 8% Series A Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock (the "Preferred Stock") to qualified…
September 27, 2021
Pogo Energy, LLC (Debor) filed a motion in its bankruptcy proceeding seeking a court order to compel mediation with Luminant Energy Company, its credit facility provider and QSE
September 10, 2021
Ambit Texas, LLC would pay $42,500 under a settlement with Staff of the Public Utility Commission of Texas to resolve and conclude Commission Staff’s investigation of Ambit for alleged violations of PURA § 17.004(a) and 16 Texas Administrative Code (TAC) § 25.474(d)(11), concerning Ambit’s online…
September 7, 2021
Vistra said in a Sept. 5 statement that, "Late Saturday evening, Sept. 4, the Moss Landing Energy Storage Facility experienced an overheating issue with a limited number of battery modules in its Phase I 300-megawatt/1200-megawatt hour system. There are multiple layers of safety integrated into the…
September 3, 2021
Blitz Ventures, Inc. d/b/a EnergyBot, the retail electricity plan comparison website owned by Vistra, filed for an amendment to its Maryland electric and natural gas broker licenses to serve residential customers in all service areas
August 13, 2021
Staff of the Texas PUC have proposed the amount of costs to be allocated to each retail electric provider for those REPs who have requested to participate in the matching process to receive a list of their low-income customers for the next fiscal year (fiscal year beginning on September 1, 2021)
August 5, 2021
In reporting earnings today, Vistra noted that Ambit recently launched a "first to market" retail energy product called Energy Bank, "providing customers with a predictable monthly payment and the ability to bank energy usage for when they need it the most."
August 5, 2021
Vistra Announces Evaluation Of Strategic Direction, Emphasis On Capital Allocation
Vistra, the parent of TXU Energy and several other retail energy brands, reported second quarter Adjusted EBITDA from its Retail segment of $510 million, $109 million higher than second quarter 2020 results of $401 million, "driven by the execution of Vistra's self-help initiatives following Uri."
July 29, 2021
Vistra and its flagship retail electricity brand, TXU Energy, announced that they have launched a new surge protection offering targeted to small business customers in Texas
July 19, 2021
Vistra today announced that it will close the Zimmer Power Plant in Moscow, Ohio, by mid-2022.
