Vistra Energy has acquired the 180MW Upton County Solar 2 project in West Texas.
Vistra, which is the parent company for TXU Energy and Luminant, said the deal delivers on the company’s strategic plan to “further strengthen and expand its integrated businesses through enhanced retail solar offerings and diversity across its generation fleet”.
The project is expected to be operational by the summer of 2018 and will create about 500 jobs during construction.
Vistra Energy president and chief executive Curt Morgan said: “This purchase is an additional proof point of Vistra Energy’s ability to uniquely couple our retail business with our commercial operations in a meaningful and beneficial way.
“It also shows our commitment to expand this model while providing significant advantages compared to a standalone retailer or generator.”
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