Vistra to Acquire Natural Gas Assets, Building on Industry-Leading Generation Portfolio to Better Serve Customers

Highlights Transaction includes approximately 2,600 megawatts of modern natural gas generation assets at an attractive price of approximately $743/kW of capacity. Acquisition is expected to deliver Ongoing Operations AFCFbG1 accretion in year one following closing. Reiterating previously communicated capital allocation plan, including long-term net leverage target of less than 3x2, the expected return of capital to shareholders by way of the planned$300 million in annual dividends and at least $1 billion o ...