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Released August 21, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Vistra Corporation (Irving, Texas) recently announced it would expand its natural gas-fired power-generation capacity through the acquisition of seven power plants, but the company remains upbeat about its near-term solar-energy projects. Industrial Info is tracking more than $6 billion worth of active and proposed projects from Vistra, including more than $1.6 billion worth of grassroot projects and more than $1.4 billion worth of unit additions.
Click on the image at right for a graph detailing Vistra's active and proposed projects across the U.S., by project type.
Vistra announced in May it would acquire seven natural gas-fired power plants from Lotus Infrastructure Partners (Greenwich, Connecticut) with a combined capacity of about 2,600 megawatts (MW), including 1,800 MW in the PJM market. Vistra currently operates 15 gas-fired plants across the U.S. with a total capacity of 11,376 MW, the bulk of which are in Texas.
In a press release announcing the deal, Vistra said it expects to close the transaction "later this year or early next year." Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can click here for a list of the seven gas-fired plants set to be acquired by Vistra.
Industrial Info also is tracking more than $1.5 billion worth of active and proposed projects related to Vistra's currently owned gas-fired assets, including a series of power uprates at existing plants and the potential for an entirely new power station in the Permian Basin. The Texas Public Utility Commission recently approved the latter project for grants and loans under the Texas Energy Fund. Subscribers to Industrial Info's GMI Power Project Database can click here for a list of detailed reports for these projects.
In a quarterly earnings-related conference call, James Burke, the chief executive officer of Vistra, signaled optimism on the company's existing slate of renewable projects: "We continue to execute on our strategy of utilizing existing land and interconnects to develop solar and energy-storage projects. Our Oak Hill, Pulaski and Newton sites remain on schedule for commercial operations in 2025 and 2026."
The $260 million Oak Hill Plant in Henderson, Texas, is designed to generate 200 MW on the site of a now-closed lignite mine, while the $586.4 million Pulaski Plant in Grand Chain, Illinois, will generate 405 MW. The $80 million Newton Plant in Newton, Illinois, will generate 52 MW and include a 2-MW battery energy-storage system (BESS). The Oak Hill and Newton projects will utilize photovoltaic (PV) panels provided by First Solar Incorporated (Tempe, Arizona), while the Pulaski project will utilize panels from Canadian Solar Incorporated (Guelph, Ontario).
The Oak Hill and Pulaski projects are supported by contracts with Amazon Web Services (Seattle, Washington) and Microsoft Corporation (Redmond, Washington), respectively. Subscribers can read detailed reports on the Oak Hill, Pulaski and Newton developments.
Across the U.S., developers added 12 gigawatts (GW) of new utility-scale solar-power capacity during the first half of 2025, and they plan to add another 21 GW in the second half of the year, according to the U.S. Energy Information Administration (EIA). If those plans are realized, solar would account for more than half of the 64 GW that developers plan to bring online this year, the EIA says.
While Vistra expects to invest more than $700 million on solar and energy storage projects this year, Burke acknowledged the company anticipates "a significant reduction in solar and energy-storage development capex [capital spending] for 2026." Last week, the U.S. Internal Revenue Service (IRS) released new and more restrictive terms for wind and solar projects, which will need to start construction by July 4, 2026, and then will have a four-year window between construction and commissioning to begin monetizing the tax credits. For more information, see August 19, 2025, article - Some Relief for Wind and Solar as New IRS Rules Appear Workable.
Vistra also got some good news in June about its Perry Nuclear Generating Station in Perry, Ohio, when the U.S. Nuclear Regulatory Commission agreed to extend the operation of the 1,268-MW facility through 2046, which is 20 years beyond its original license. Subscribers can learn more about Perry in a detailed plant profile.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects across the U.S. from Vistra.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing Vistra's active and proposed projects across the U.S., by project type.Vistra announced in May it would acquire seven natural gas-fired power plants from Lotus Infrastructure Partners (Greenwich, Connecticut) with a combined capacity of about 2,600 megawatts (MW), including 1,800 MW in the PJM market. Vistra currently operates 15 gas-fired plants across the U.S. with a total capacity of 11,376 MW, the bulk of which are in Texas.
In a press release announcing the deal, Vistra said it expects to close the transaction "later this year or early next year." Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can click here for a list of the seven gas-fired plants set to be acquired by Vistra.
Industrial Info also is tracking more than $1.5 billion worth of active and proposed projects related to Vistra's currently owned gas-fired assets, including a series of power uprates at existing plants and the potential for an entirely new power station in the Permian Basin. The Texas Public Utility Commission recently approved the latter project for grants and loans under the Texas Energy Fund. Subscribers to Industrial Info's GMI Power Project Database can click here for a list of detailed reports for these projects.
In a quarterly earnings-related conference call, James Burke, the chief executive officer of Vistra, signaled optimism on the company's existing slate of renewable projects: "We continue to execute on our strategy of utilizing existing land and interconnects to develop solar and energy-storage projects. Our Oak Hill, Pulaski and Newton sites remain on schedule for commercial operations in 2025 and 2026."
The $260 million Oak Hill Plant in Henderson, Texas, is designed to generate 200 MW on the site of a now-closed lignite mine, while the $586.4 million Pulaski Plant in Grand Chain, Illinois, will generate 405 MW. The $80 million Newton Plant in Newton, Illinois, will generate 52 MW and include a 2-MW battery energy-storage system (BESS). The Oak Hill and Newton projects will utilize photovoltaic (PV) panels provided by First Solar Incorporated (Tempe, Arizona), while the Pulaski project will utilize panels from Canadian Solar Incorporated (Guelph, Ontario).
The Oak Hill and Pulaski projects are supported by contracts with Amazon Web Services (Seattle, Washington) and Microsoft Corporation (Redmond, Washington), respectively. Subscribers can read detailed reports on the Oak Hill, Pulaski and Newton developments.
Across the U.S., developers added 12 gigawatts (GW) of new utility-scale solar-power capacity during the first half of 2025, and they plan to add another 21 GW in the second half of the year, according to the U.S. Energy Information Administration (EIA). If those plans are realized, solar would account for more than half of the 64 GW that developers plan to bring online this year, the EIA says.
While Vistra expects to invest more than $700 million on solar and energy storage projects this year, Burke acknowledged the company anticipates "a significant reduction in solar and energy-storage development capex [capital spending] for 2026." Last week, the U.S. Internal Revenue Service (IRS) released new and more restrictive terms for wind and solar projects, which will need to start construction by July 4, 2026, and then will have a four-year window between construction and commissioning to begin monetizing the tax credits. For more information, see August 19, 2025, article - Some Relief for Wind and Solar as New IRS Rules Appear Workable.
Vistra also got some good news in June about its Perry Nuclear Generating Station in Perry, Ohio, when the U.S. Nuclear Regulatory Commission agreed to extend the operation of the 1,268-MW facility through 2046, which is 20 years beyond its original license. Subscribers can learn more about Perry in a detailed plant profile.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects across the U.S. from Vistra.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
