Homefield Energy Contracts with U.S. General Services Administration to Advance Sustainability Goals

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Homefield Energy, a Vistra subsidiary, has secured a multi-year contract with the U.S. General Services Administration (GSA) to provide carbon pollution-free electricity to federal facilities in Illinois. The agreement ensures that these facilities will be powered by nearly 80% wind energy, aligning with the federal government's goal to procure 100% of its net annual electricity from carbon pollution-free sources by 2030.

Homefield will supply emission-free electricity through renewable energy Certificates (RECs) from power generation facilities in the 15-state MISO region, with a commercial online date of Oct. 1, 2021, or later. This contract positions GSA as a national leader in sustainability and demonstrates Homefield Energy's commitment to supporting customers in achieving ambitious environmental goals.

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Federal facilities in Illinois to be powered by nearly 80% wind energy

CHICAGO, July 30, 2024  /PRNewswire/ -- Homefield Energy, a subsidiary of leading integrated power company Vistra, announces a multi-year contract with the U.S. General Services Administration (GSA) to provide carbon pollution-free electricity to federal facilities in Illinois.

The contract with Homefield ensures that various federal facilities are powered by nearly 80% wind energy, marking significant progress toward goals outlined in an executive order requiring the federal government to procure 100% of its net annual electricity from carbon pollution-free sources by 2030.

"This new contract with GSA was an excellent opportunity to directly support an existing customer in meeting some ambitious new goals," said Gabe Castro, senior vice president of business markets for Homefield Energy. "Our team checked all the boxes here – determining what was possible, putting all available options on the table, and then executing a deal that positions GSA as a national leader in sustainability."

Homefield will provide federal facilities with emission-free electricity through renewable energy Certificates (RECs) from power generation facilities located within the 15-state MISO region, with a commercial online date of Oct. 1, 2021, or later pursuant to a GSA contract.

GSA provides centralized procurement and shared services for the federal government, managing a nationwide real estate portfolio of nearly 370 million rentable square feet, including 932,697 square feet in Illinois, overseeing over $100 billion in products and services via federal contracts, and delivering technology services that serve millions of people across dozens of federal agencies.

About Homefield
Homefield Energy is proud to power Illinois. We are committed to being a leader in the electricity sector and a good neighbor to the communities in which we operate. Homefield Energy is a subsidiary of Vistra Corp. (NYSE: VST). Vistra is a premier, integrated power company based in Irving, Texas, combining an innovative, customer-centric approach to retail with a focus on safe, reliable, and efficient power generation.

 

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SOURCE Homefield Energy

FAQ

What percentage of wind energy will power federal facilities in Illinois under the new Homefield Energy contract?

Under the new contract between Homefield Energy and the U.S. General Services Administration, federal facilities in Illinois will be powered by nearly 80% wind energy.

When did Homefield Energy announce its contract with the U.S. General Services Administration?

Homefield Energy announced its contract with the U.S. General Services Administration on July 30, 2024.

What is the federal government's goal for carbon pollution-free electricity procurement by 2030?

The federal government aims to procure 100% of its net annual electricity from carbon pollution-free sources by 2030, as outlined in an executive order.

How will Homefield Energy provide emission-free electricity to federal facilities?

Homefield Energy will provide emission-free electricity through renewable energy Certificates (RECs) from power generation facilities located within the 15-state MISO region.