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April 16, 2024

Energy Harbor Corp.

Energy Harbor
FERC Approves Vistra Purchase of Energy Harbor, Requires Divestment
FERC approved Vistra's purchase of Energy Harbor, which will allow Vistra to set up a new clean generation/retail firm while spinning off the combined firms' fossil plants into a separate subsidiary.
FirstEnergy
Vistra Teases ‘Re-segmenting’ Businesses in 2024
Vistra says its acquisition of Energy Harbor and its nuclear plants will accelerate the company’s transformation and lead to a “re-segmentation” of its businesses when the deal closes.
Energy Harbor
FERC Delays Ruling on Vistra Purchase of Energy Harbor
FERC issued an order extending the time it has to review the proposed purchase of Energy Harbor by Vistra to next spring after several parties raised market concerns over the deal between two existing PJM generation owners.
PJM
PJM OKs 32% Cut in Elliott Penalties in Proposed Settlement
PJM agreed to reduce its nonperformance penalties 31.7% for generators that could not meet their capacity obligations during the December 2022 winter storm.
Nuclear Regulatory Commission
Vistra’s Deal for Energy Harbor Runs into Opposition at FERC
Vistra Energy's deal to buy Energy Harbor ran into opposition at FERC, where parties argued it would harm Ohio's retail market and further concentrate PJM's wholesale market.
Gov. Greg Abbott via Twitter
Vistra Bolstering its Zero-carbon Generation
Vistra says its excited about its recent acquisition of Energy Harbor, which will more than double the company’s zero-carbon generation currently online.
NRC
NRC: Ground Settling Damaged Water Lines at Ohio Nuclear Plant
The NRC has begun to investigate ground settling incidents at the Davis-Besse nuclear plant, including two that damaged fire-protection water lines.
Ohio General Assembly
Householder Convicted in FirstEnergy Bribery Case
The former Ohio House Speaker was found guilty of racketeering conspiracy over donations FirstEnergy paid a dark money group controlled by him to win favors.
Vistra
Vistra Pays more than $3 Billion for Energy Harbor
Vistra agreed to buy Energy Harbor and will create a new unit with 7.8 GW of zero-carbon generation, separate from its 32 GW of fossil fuel plants.
PJM
PJM PC/TEAC Briefs: May 10, 2022
PJM delayed a vote on the draft charter of the Interconnection Process Subcommittee at last week’s Planning Committee meeting.

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