News Vistra gets FERC approval on Energy Harbor Acquisition The purchase includes Energy Harbor’s 4,000 MW nuclear generation fleet. Clarion Energy Content Directors 2.19.2024 Share Vistra has now received approval from the Federal Energy Regulatory Commission (FERC) to acquire Energy Harbor. Vistra originally announced the $3.4 billion purchase last March. It includes a 4,000 MW nuclear generation fleet and retail business of nearly 1 million customers. Vistra will now operate the second-largest non-regulated nuclear fleet in the country, with four plants totaling more than 6,400 MW across ERCOT and PJM. Three of those plants – Beaver Valley, Davis-Besse and Perry – would come from the Energy Harbor transaction. FERC’s approval, which was received Feb. 16, was the last regulatory approval needed for the companies to close the transaction. Vistra anticipates closing in the coming weeks. Related Articles Dominion Energy approved to extend North Anna Power Station operations for 20 more years Alabama Power gets green light to cut payments to third-party energy producers Study suggests a big role for grid battery storage as Illinois shutters its coal power plants Geothermal east of the Rockies? Meta and Sage team up to feed data centers
