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A new power company emerges

Feb 06, 2017 - The Dallas Morning News

The region’s top electric company has had many names— and business strategies: Dallas Power & Light, Texas Utilities, TXU Corp., Energy Future Holdings and now Vistra Energy Corp. This is more than a much-needed rebranding for the largest power player in Texas. After emerging from bankruptcy in October, Vistra had shed $33 billion in debt and has continued to get leaner. It’s also been separated from Oncor, the regulated transmission unit now being sold. While the business remains difficul...