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Posts Tagged ‘ERCOT’

Vistra Energy Announces Agreement to Acquire Ambit Energy

Vistra Energy

Irving, Texas-based Vistra Energy (NYSE: VST) announced it has entered into an agreement to acquire Ambit Energy for $475 million plus net working capital in an all-cash transaction. Following the closing of the transaction, Vistra’s share of the ERCOT residential market will grow from approximately 25 percent to approximately 32 percent and an industry-leading 26…

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