Vistra is proud to share the achievements of Q1 2023. “This year is off to an exciting start. We are executing on our strategic priorities – including realizing the benefits of our integrated model, which is supported by our comprehensive hedging program, providing line of sight to our robust return of capital program, and the transformation of our company,” said Jim Burke, president and CEO of Vistra. “Our zero-carbon portfolio continues to grow: the Moss Landing 350-megawatt Phase III development is on track to come online this summer, and we announced in March the planned acquisition of Energy Harbor Corp., a transaction that will more than double the amount of zero-carbon generation we currently have online. This acquisition will further enhance our stable and elevated earnings potential we see continuing into the out years, with price support from the nuclear production tax credit.”

For a detailed summary of Vistra’s first quarter 2023 results, click here.