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Vistra to acquire remaining 15% stake in Vistra Vision for $3.25 billion

Vistra has signed definitive agreements to acquire the remaining 15% equity interest in its subsidiary, Vistra Vision, from affiliates of Nuveen Asset Management and Avenue Capital Management II LP. This acquisition will make Vistra the sole owner of Vistra Vision, which holds key assets, including the 6.4 GW Comanche Peak, Beaver Valley, Davis-Besse, and Perry nuclear generation facilities, along with the Vistra Zero renewables and energy storage business. The $3.248 billion cash transaction, set to…