Exhibit 99.1
FOR IMMEDIATE PUBLICATION
Vistra Receives Approval from Federal Energy Regulatory Commission on Energy Harbor Acquisition
This marks the final regulatory approval needed in the acquisition process
IRVING, Texas Feb. 19, 2024 Vistra (NYSE: VST) has now received approval from the Federal Energy Regulatory Commission (FERC) to acquire
Energy Harbor.
Vistra announced last March that the purchase of Energy Harbor, which includes a
4,000-megawatt nuclear generation fleet and retail business of ~1 million customers, presents a unique opportunity to accelerate the growth of Vistras
zero-carbon generation portfolio.
FERCs approval, which was received Friday afternoon, was the last
regulatory approval needed for the companies to close the transaction.
Vistra anticipates closing in the coming weeks.
Media
Meranda Cohn
Media.Relations@vistracorp.com
214-875-8004
Analysts
Eric Micek
Investor@vistracorp.com
214-812-0046
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, and efficient power generation. Learn more at vistracorp.com.
Cautionary Note
Regarding Forward-Looking Statements
The information in this press release includes forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on current expectations, estimates and projections made by Vistras management, involve risks and uncertainties, which are difficult to predict and are
not guarantees of future performance. Readers are cautioned not to place undue reliance on forward-looking statements. Although Vistra believes that in making any such forward-looking statement, Vistras expectations are based on reasonable
assumptions, any such forward-looking statement involves uncertainties and risks that could cause results to differ materially from those projected in or implied by any such forward-looking statement, including, but not limited to those additional
risks and factors discussed in reports filed with the Securities and Exchange Commission by the Company from time to time, including the uncertainties and risks discussed in the sections entitled Risk Factors and Forward-Looking
Statements in Vistras annual report on Form 10-K for the year ended December 31, 2022 and any subsequently filed quarterly reports on Form 10-Q.