Followers | 240 |
Posts | 12054 |
Boards Moderated | 0 |
Alias Born | 04/05/2009 |
Saturday, September 30, 2023 12:23:11 PM
Approval marks important milestone in acquisition process
IRVING, Texas, Sept. 29, 2023 /PRNewswire/ -- Vistra (NYSE: VST) and Energy Harbor today received approval from the Nuclear Regulatory Commission (NRC) to transfer the operating licenses of Energy Harbor's three nuclear plants – Beaver Valley, Davis-Besse, and Perry – to Vistra.
Vistra announced in March that it intended to accelerate the growth of its zero-carbon generation portfolio through the purchase of Energy Harbor, including its 4,000-megawatt nuclear generation fleet and retail business of ~1 million customers, pending regulatory approvals.
"This is an important step in the acquisition process and is evidence of Vistra's strong technical and financial qualifications, as we have demonstrated over the past 30+ years with our Comanche Peak Nuclear Power Plant," said Jim Burke, Vistra president and CEO. "We are excited about this opportunity to invest in nuclear power, which plays a critical and unique role in our nation's responsible energy transition as a baseload, carbon-free source of power."
The NRC's thorough and timely review of the license transfer application brings this transaction closer to completion. To finalize the acquisition, Vistra awaits a decision from the Federal Energy Regulatory Commission (FERC) on its request for approval of the transaction.
Vistra continues to target closing the transaction before the end of the year.
About Vistra
Vistra (NYSE: VST) is a leading Fortune 500 integrated retail electricity and power generation company based in Irving, Texas, providing essential resources for customers, commerce, and communities. With operations in 20 states and the District of Columbia, Vistra combines an innovative, customer-centric approach to retail with safe, reliable, diverse, and efficient power generation. Learn more at vistracorp.com.
https://www.prnewswire.com/news-releases/vistra-receives-nuclear-regulatory-commission-approval-to-own--operate-three-energy-harbor-nuclear-plants-301943374.html
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, Founder and CEO of Harwood International
Recent VST News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 09:37:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 09:35:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/17/2024 09:29:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 11:01:00 AM
- Vistra Reports First Quarter 2024 Results, Raises Expectations for Energy Harbor and Consolidated Adjusted EBITDA • PR Newswire (US) • 05/08/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:19:06 PM
- Perficient Stock Soars 52.9% Post-Acquisition; Luminar Declines 10% Amid Workforce Cutbacks, and Other News • IH Market News • 05/06/2024 12:09:00 PM
- Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600 • PR Newswire (US) • 05/03/2024 11:05:00 PM
- Vistra Declares Dividend on Common Stock, Series B Preferred Stock and Series C Preferred Stock • PR Newswire (US) • 05/02/2024 11:32:00 PM
- Vistra to Report First Quarter Results on May 8, 2024 • PR Newswire (US) • 04/15/2024 08:30:00 PM
- Vistra Prices Private Offerings of $500 Million of Senior Secured Notes and $1 Billion of Senior Unsecured Notes • PR Newswire (US) • 04/10/2024 03:14:00 AM
- Vistra Announces Private Offerings of Senior Secured Notes and Senior Unsecured Notes • PR Newswire (US) • 04/09/2024 12:58:00 PM
- New TXU Energy Plan Automatically Delivers Free Energy When Customers Use it Most • PR Newswire (US) • 04/01/2024 02:48:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:14:02 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:12:57 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:11:52 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:09:33 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:08:13 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 09:34:01 PM
- Vistra Announces Expansion of its Board of Directors with the Appointment of Bill Pitesa • PR Newswire (US) • 03/07/2024 09:30:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 06:19:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:17:29 PM
- Vistra Completes Energy Harbor Acquisition • PR Newswire (US) • 03/01/2024 04:49:00 PM
- Vistra Announces Final Results of Cash Tender Offer for Remaining TRA Rights, Resulting in Only 2% of Aggregate TRA Rights Remaining Following Settlement • PR Newswire (US) • 02/29/2024 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 12:06:01 PM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM