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Vistra to Install New Gas-Fired Units at Permian Basin Power Plant

LCG, September 30, 2025--Vistra Corp. announced yesterday that it will proceed with the next phase of its capital plan to support grid reliability in Texas. In 2024, Vistra identified over $1 billion worth of potential capital additions in generation capacity within the Texas ERCOT market by 2028 if market conditions were supportive. Now, with West Texas' growing power requirements, particularly the state's expanding oil and natural gas industries, Vistra reached a final investment decision and confirms it will build two new advanced natural gas-fired power units on-site at its Permian Basin Power Plant.

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ERCOT Announces New Grid Research, Innovation and Transformation (GRIT) Initiative

LCG, September 24, 2025--Electric Reliability Council of Texas Inc. (ERCOT) yesterday announced its new initiative to increase its efforts to fully use and apply innovation and transformation through industry collaboration to best overcome the challenges and opportunities facing future grid operations. The new Grid Research, Innovation, and Transformation (GRIT) initiative will advance research and prototyping of emerging concepts and solutions to better understand the implications of rapid grid and technology evolution and position ERCOT to lead in the future energy landscape.

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Industry News

Newsmakers

Sebastian Coppola, senior vice president and chief financial officer of gas company Semco Energy Inc., will take on the additional responsibilities of president and chief operating officer of Semco Energy Ventures, the company's unregulated subsidiary that owns intrastate gastransmission pipelines, underground gas storage and other non-regulated assets in Michigan.

Amiel David has been named senior vice president and managing director in the Houston office of Duke Capital Partners LLC. For the past eight years, he has been director and senior vice president at First Union Securities Inc., also in Houston.

Jeff Faulk has been named president and chief executive of Duke/Fluor Daniel, a joint venture between Fluor Corp. and Duke Energy Corp. that provides global engineering, construction and operating services to fossil-fueled power generating facilities. He most recently was a senior vice president of Flour Daniel.

T. J. Glauthier, former deputy secretary and chief operating officer with the U.S. Department of Energy, has been appointed president and chief executive of the newly founded Electricity Innovation Institute, an independent affiliated organization of the Electric Power Research Institute.

Lisa Metcalfe has been named vice president and chief technology officer of Avista Advantage, a subsidiary of Avista Corp., the former Washington (state) Water Power Co. She joins Avista from Washington (D.C.) Gas Light Co., where she was vice president and chief information officer.

Victor H. Pena has been named senior vice president and chief administrative officer ofNevada-based Sierra Pacific Resources Corp., the holding company for the state's major utilities, Nevada Power Co. and Sierra Pacific Power Co. He returns to Sierra Pacific after three years in Atlanta as a vice president of AGL Resources Inc.

Richard Schwartz has been named vice president for business development by Avista Advantage, a subsidiary of Avista Corp. He most recently was senior vice president of Cambridge Technology Partners of Cambridge, Mass. where he served as chief operating officer for North America.

Theodore J. Vogel has been named vice president for taxes and tax counsel by CMS Energy Corp. He occupied that position with subsidiary CMS Enterprises from 1997 to 2000 andwas an attorney for CMS Energy's principal subsidiary, Consumers Energy Co., from 1979 to 1987.

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