Parent Company of Luminant and TXU Energy Now Called Vistra Energy

file

By Editors of Power Engineering

TCEH Corp., the parent company of TXU Energy and Luminant, announced a change in branding to Vistra Energy.

The name change comes as Vistra emerges from Chapter 11 bankruptcy as a standalone company via a spinoff from Energy Future Holdings Corp.

Vistra will retain TCEH’s management team, including CEO Curt Morgan.

"The energy market in Texas – and beyond – has never been more exciting and transformative," Morgan said. "This includes new technologies that are reimagining how we generate energy, and unprecedented choice and control for today's energy consumers. The Vistra Energy brand is intended to capture the full opportunity set before us, backed by a proud history, the industry's best team of professionals, stellar operating assets and a strong balance sheet."

Luminant generates and sells electricity, while TXU Energy sells retail electricity and value-added services. 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...