Vistra supports the Illinois Coal to Solar & Energy Storage Act (HB 3446 / SB 529) to help the state responsibly transition its sources of electricity toward zero-emission generation. Vistra is ready to immediately invest $550 million in communities across central and southern Illinois. 

The plan repurposes existing or former power plant sites and reuses existing transmission lines and interconnects in central and southern Illinois by transforming legacy coal power plants into zero-emission, renewable energy centers. 

The Coal to Solar & Energy Storage Act is good for the environment, legacy and renewable energy workers, and the state’s economy. The actionable and affordable plan will:

$550+M

Reinvestment by Vistra

THE PLAN

The Coal to Solar & Energy Storage Act is good for the environment, legacy and renewable energy workers, and the state’s economy. The actionable and affordable plan will:

Develop Utility-Scale Solar & Battery Energy Storage:

Vistra will invest approximately $550 million to build ~300 MW of utility-scale solar and ~150 MW of battery energy storage facilities at plant sites across central and southern Illinois. The solar and battery energy storage sites will begin entering commercial service as early as 2023.

Utilize A Diverse, Inclusive Supply Chain and Workforce:

Vistra has established a 25% minimum diverse contracting target for the construction phase and identified approximately $225 million worth of eligible expected contracting opportunities. Company officials have already begun prequalifying diverse-owned vendors and suppliers to bid on opportunities. This commitment is part of Vistra’s effort to increase its direct and indirect spend with diverse-owned businesses across the nation.

Provide A Just Transition For Workers & Communities:

Energy workers and communities relied on power plants for jobs and local tax revenue for decades. Transforming retired or to-be-retired plants into renewable energy centers provides union construction jobs, and communities will be able to count on new property tax revenue from the new solar and storage facilities.

Built With Union Labor:

Vistra has committed to construct and operate the renewable energy centers with union labor and will enter into Project Labor Agreements or other relevant contracts. As part of this commitment, Vistra expects that labor entities will facilitate opportunities for a diverse workforce and make apprenticeships available at job sites. Vistra will encourage the use of workers impacted by plant closures with its labor partners, vendors and suppliers.