Vistra to Purchase Energy Harbor Nuclear Plants

Providing more evidence that free markets work, OMA Connections Partner Vistra has announced it will acquire Akron-based Energy Harbor — the former FirstEnergy subsidiary and owner of Ohio’s two nuclear power plants. Vistra also announced it will add about 4,000 megawatts of zero-carbon capacity through the deal.

This development comes two years after the repeal of House Bill 6’s ratepayer-funded subsidy scheme for the nuclear plants — supporting the arguments of HB 6 critics who said the subsidies were unnecessary. 3/6/2023