IRVING, Texas — Aug. 16, 2022 — Upon the announcement of Pablo Vegas as CEO of ERCOT, Vistra President and CEO Jim Burke today released the following statement:

“On behalf of Vistra, I want to congratulate Pablo Vegas as the new CEO of ERCOT and welcome him back to Texas. As people and businesses continue to flock to our great state, there has never been a more critical time for ERCOT as it balances the increasing power needs with the diversity of resources to ensure reliable, affordable, and cleaner electricity. Pablo has strong qualifications and a breadth of industry experience, and we look forward to working with him and ERCOT as they navigate these challenges.

I also want to thank ERCOT Interim CEO Brad Jones for his demonstrated commitment to the people of Texas. Over the past year, he stepped into an extremely challenging role and focused ERCOT’s work on transparent communications and reliability, aptly handling grid operations during both normal and abnormal weather conditions. All of us at Vistra respect and appreciate Brad – and his colleagues at ERCOT – and the work they do, day in and day out.”