On February 7, 2017, Dynegy completed its acquisition of ENGIE’s U.S. portfolio of power generation facilities. The transaction was a significant milestone in Dynegy’s transformation into a company with substantial scale, and geographic and fuel diversity.
Substantial Scale – Affirmed Dynegy’s place as a premier U.S. power generator, with nearly 31,500 megawatts (MW) – enough to power the homes of 25 million U.S. families.
Geographic Diversity – Entered the Texas ERCOT market and three additional states – New Jersey, Virginia and West Virginia. Dynegy now has meaningful presence in all four of the best power markets in the country.
Fuel Diversity – Moved fleets toward lower emission gas-fueled assets.