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Announced

Completed

Vistra completed the acquisition of Energy Harbor from Avenue Capital Group and Nuveen for $3.43bn.

Synopsis

Vistra, an integrated retail electricity and power generation company based in Irving, Texas, completed the acquisition of Energy Harbor, an electric utility company in Akron, Ohio, from Avenue Capital Group, an investment firm, and Nuveen, an American asset manager, for $3.43bn. "Today's closing represents our commitment to leading a responsible transformation of the country's energy supply to greener energy sources through the expansion of our zero-carbon generation portfolio while continuing to prioritize reliable and affordable electricity for the customers we serve. We now own the second-largest competitive nuclear fleet in the US, complementing our existing reliable, flexible, and dispatchable generation assets and our leading retail business," Jim Burke, Vistra President and CEO.

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