Dynegy — natural gas + coal generation; combined Vistra+Dynegy 40 GW capacity (60% gas), 12 states, 2.7M residential + 240K C&I customers
Vistra Energy closes $1.7B all-stock acquisition of Dynegy (FERC approval no competitive concerns). Dynegy shareholders received 0.652 Vistra shares. Combined 40 GW capacity (60% gas), 12 states. Vistra shareholders 79%; Dynegy 21%. 6,000 employees. Announced October 2017.
$1.70B
Deal Value
40,000MW
Capacity
Natural Gas
Technology
TX
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Dynegy public shareholders
- Buyer / Financier
- Vistra Energy (later Vistra Corp)
- Deal Value
- $1.7B all-stock (0.652 Vistra shares per Dynegy share)
- Stage
- Operating
- ISO/RTO
- ERCOT, PJM, Multiple
- Source
- Vistra Energy
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