Vistra to Acquire Minority Equity Interests in Vistra Vision LLC
September 18, 2024
Vistra executed definitive agreements to acquire the remaining 15% equity interests in Vistra Vision LLC from minority affiliates of Nuveen Asset Management and Avenue Capital Management. The deal is expected to close on December 31, 2024, with a net present value purchase price of $3.085 billion (paid in installments over two years, subject to dividend-based adjustment).
- Buyers
- Vistra Corp.
- Targets
- Vistra Vision LLC
- Sellers
- Affiliates of Nuveen Asset Management, LLC, Avenue Capital Management II, L.P.
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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