Energy Choice Matters: Vistra, Parent Of TXU, Acquiring Retail Electric Customers From Two Texas REPs

Nov. 4 — Vistra announced today an agreement to acquire the Texas retail electric customers of Infinite Energy and Veteran Energy at an estimated EV/EBITDA multiple of ~3.7 times, which the company said, “expand[s] Vistra’s retail footprint in the attractive Texas market with a gain of ~60,000 residential customer equivalents.”

— Energy Choice Matters