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Released April 10, 2018 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Vistra Energy Corporation (NYSE:VST) (Irving, Texas), the parent company of retail electricity provider TXU Energy and utility Luminant, on Monday announced it had completed its merger with Dynegy Incorporated. The move means that Vistra now has about 40,000 megawatts (MW) of generating capacity in its ownership. Industrial Info is tracking $2.2 billion in active Vistra and Dynegy projects.

Attachment Click on the image at right for a look at the top three states for Vistra and Dynegy projects.

Vistra appears to being going green as it plans renewable energy projects and closes some coal-fired plants and mines. Among the top Vistra projects being tracked by Industrial Info is the planned construction of a 240-MW solar farm near Midkiff, Texas. The project has an estimated total investment value (TIV) of $480 million. Construction could begin in the summer of 2019, taking about a year to complete. Terracon Consulting Engineers (Midland, Texas) is acting as consultant, and First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) is project manager. For more information, see Industrial Info's project report.

About 60% of Vistra's generating footprint is natural gas-fired, and the company could increase this with the addition of two natural gas-fired combustion turbines at Luminant's Permian Basin Power Plant near Monahans, Texas. The two units would add 462 MW of generating capacity to the facility, which has a current generating capacity of 325 MW. The project has an estimated TIV of $441 million. For more information, see Industrial Info's project report.

In October last year, Luminant announced that it would close three Texas-based coal-fired power plants with a combined generating capacity of more than 4,200 MW. For more information, see October 9, 2017, article - Another One Bites The Dust: Luminant to Close Coal-Fired Power Plant in Texas and October 16, 2017, article - Luminant to Close Two More Texas Coal-fired Power Plants. Luminant will also close two associated mines in Mount Pleasant, Texas, and Henderson, Texas. The mine closures kicked off last summer and the reclamation projects are expected to be completed in 2020. For more information, see Industrial Info's project reports on the closures of the Mount Pleasant and Henderson lignite mines.

Among the top projects Vistra is acquiring from Dynegy are the units 1-4 turbine upgrades at the Hays Energy Power Station in San Marcos, Texas. The project, which has an estimated TIV $172 million, will increase power available from four 270-MW Alstom single-shaft combustion turbines. Construction began in early 2015 and is expected to be completed in the second half of 2019. For more information, see Industrial Info's project report.

Also on the books is the closure of a coal ash pond at the 1,098-MW Joppa Generating Station in Joppa, Illinois. The 27.4-acre coal ash pond will be closed to comply with the U.S. Environmental Protection Agency's Coal Combustion Residuals rule. The capping of the facility is expected to kick off in late 2020 and be completed in the first half of 2022. The closure has an estimated TIV of $70 million. AECOM (NYSE:ACM) (Los Angeles, California) is consultant. For more information, see Industrial Info's project report.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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