Vistra receives regulatory approval to own & operate three Energy Harbor Nuclear Plants.
International Resource News-October 2, 2023--Vistra receives regulatory approval to own & operate three Energy Harbor Nuclear Plants
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International Resource News - 02 October 2023
Texas-based energy company Vistra (NYSE: VST) and Ohio-based power producer Energy Harbor received approval from the Nuclear Regulatory Commission (NRC) on Friday September 29, to transfer the operating licenses of Energy Harbor's three nuclear plants - Beaver Valley, Davis-Besse, and Perry, to Vistra.
Vistra announced in March that it intended to accelerate the growth of its zero-carbon generation portfolio through the purchase of Energy Harbor, including its 4,000-megawatt nuclear generation fleet and retail business of one million customers, pending regulatory approvals.
'This is an important step in the acquisition process and is evidence of Vistra's strong technical and financial qualifications, as we have demonstrated over the past 30+ years with our Comanche Peak Nuclear Power Plant,' said Jim Burke...
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