Why invest in Texas?

Businesses of every size, sector, and background are choosing to invest and grow in Texas because, ‘everything is bigger and better in Texas.’

Entrepreneurs, executives, and innovators understand that locating in Texas provides them with the opportunity to harness the talents of the state’s skilled and growing workforce, utilize business-friendly policies to compete and grow, and take advantage of decades of investments in critical infrastructure.

Texas also provides its residents and businesses with the security of an abundant, competitive energy supply that regulators and officials responsibly manage.

Vistra is one of the state’s oldest and most reliable partners for businesses, industry, and families seeking access to reliable and affordable electricity. Its growing Texas fleet of 22 efficient natural gas, nuclear, coal, solar, and energy storage facilities provides customers across Texas with more than 19,000 MW of power.

Businesses seeking to locate, expand, and grow their business can count on Texas’ private and public officials to work together to provide the key ingredients that fuel innovation and growth, including:

  • Access to reliable, always-on electricity
  • Rapid approvals that help with speed to deployment
  • A business-friendly climate
Austin night skyline

As Texas’ energy needs evolve, Vistra is committed to investing in responsible and innovative solutions that strengthen the electric grid, enhance reliability, foster economic growth in the state, and help America compete and win.

Vistra is a signature investor in the Texas Economic Development Corporation (TxEDC), which plays a pivotal role in assisting the Office of the Governor’s Economic Development and Tourism team (EDT) in positioning Texas as the premier destination for businesses. Learn more at: businessintexas.com

Vistra’s Investments In Reliability: 3,100+ MW by 2028

Operating
470 MW

Across its existing fleet of natural gas plants, Vistra has been upgrading generating equipment to produce more electricity from the same sites, a practice known in the industry as an uprate. These upgrades have added approximately 470 MW of dispatchable capacity to the ERCOT grid, with more planned. The new generation arrives in months instead of the years it takes to permit, build and connect a new power plant.

Operating
200 MW

The 200‑MW Oak Hill solar project, built on the reclaimed site of the former Oak Hill lignite mine, was completed and energized in 2025. A second 200-megawatt phase, Oak Hill 2, is already under construction to meet evolving needs.

Under Construction
~630 MW

Coleto Creek was scheduled for retirement in 2027. Vistra is repowering it instead, converting the plant from coal to natural gas and repurposing the considerable existing infrastructure on the property. The conversion is underway, with completion expected by the end of 2026, and will restore approximately 630 MW of dispatchable generation that can serve Texans for decades to come, while retaining the important economic and tax benefits to the Goliad area.

Under Construction
860 MW

Two advanced natural gas units are under construction at the Permian Basin Power Plant near Monahans, adding 860 MW to the ERCOT grid. Foundation work is substantially complete, major equipment is being installed, and the project is on schedule for completion by 2028.