Announced
Synopsis
Vistra, a retail electricity and power generation company, agreed to acquire 15% stake in Vistra Vision, a manager of zero-carbon nuclear, energy storage, solar generation assets and retail business of Vistra, from Nuveen, an American asset manager, and Avenue Capital, a private equity firm, for $3.248bn. "This is another key milestone in the evolution of our company. Through this transaction we are simplifying the overall structure by acquiring the minority interest at an attractive valuation and increasing our shareholder's ownership to 100% of highly valuable, carbon-free assets in the key growing markets across the U.S," Jim Burke, Vistra President and CEO.
Principals
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
Sort
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.