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Vistra’s Green Finance Framework SPO Provided by V.E

V.E, part of Moody’s ESG Solutions, has provided a Second Party Opinion (SPO) on the sustainability of Vistra’s Green Finance Framework. The framework has been designed to issue Green Financing Instruments to finance Renewable Energy and Energy Efficiency projects in the United States.

We assigned a Second Party Opinion (SPO) on the sustainability credentials and management of Vistra’s Green Finance Framework. V.E is of the opinion that this Framework is aligned with the four core components of the Green Bond Principles and Green Loan Principles 2021. We express an advanced assurance on the contribution of these instruments to sustainability.

Vistra operates an integrated retail and generation business in markets throughout the United States. The Company is engaged in electricity market activities, including electricity generation, wholesale energy sales and purchases, commodity risk management and retail sales of electricity to end users. In November 2019, an indirect, wholly owned subsidiary of Vistra completed the acquisition of Ambit.

V.E has produced more than 300 second-party opinions on sustainable financing operations in Europe, Africa, Americas and Asia. We are a Climate Bonds Standard Approved Verifier.

V.E’s SPO on Vistra’s Green Finance Framework is available here.



Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody’s Investors Service (MIS) and Moody’s Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services.

For more information visit Moody’s ESG hub at



Moody’s ESG Solutions:

Lisa Stanton
MD-Global Sales Lead/ESG
+1 (415) 874-6000

Media inquiries:

Tim Whatmough
+33 (153) 303-385

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