Vistra Announces Expansion of Previously Announced Oakland Battery Energy Storage Facility
Vistra Corp. (VST)
Last vistra corp. earnings: 5/3 06:30 am
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US:NYSE Investor Relations:
investor.vistraenergy.com/investor-relations/overview/default.aspx
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Source: PR Newswire
IRVING, Texas, April 15, 2020 /PRNewswire/ -- Vistra (NYSE: VST) today announced that it is increasing the size of its battery energy storage project located at the site of its Oakland Power Plant. The battery will now have a capacity of 36.25 megawatts/145 megawatt-hours instead of the previously announced capacity of 20 MW/80 MWh. Vistra anticipates the battery storage project will enter commercial operations by January 2022.The project has received necessary approvals from East Bay Community Energy (EBCE), a Community Choice Energy provider, and from Pacific Gas and Electric (PG&E). EBCE approved an amended contract to receive the larger resource adequacy capacity from the project, while PG&E approved a new Local Area Reliability Service Agreement to ensure grid reliability as part of the Oakland Clean Energy Initiative. PG&E is awaiting approval from the California Public Utilities Commission (CPUC). "We are excited to build on our original partnership with East Bay Community Ener
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- 11/19/24 - Form 8-K
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