Dynegy Donates $25,000 to Support the Urban League of Philadelphia

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On November 10, 2020, Dynegy announced a $25,000 donation to the Urban League of Philadelphia to support small business owners. This contribution will directly fund the Urban League's Entrepreneurship Center, aiding in marketing efforts, coaching, credit counseling, and tax preparation services for entrepreneurs. This initiative is part of a larger $10 million commitment by parent company Vistra to support minority-owned small businesses and economic development. Dynegy, a subsidiary of Vistra (NYSE: VST), serves millions of customers across various regions.

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• Donation of $25,000 to assist small business owners in Philadelphia.
• Part of Vistra's $10 million commitment to support minority-owned businesses and economic development.

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PHILADELPHIA, Nov. 10, 2020 /PRNewswire/ -- Dynegy today announced a $25,000 donation to the Urban League of Philadelphia, aimed at assisting and empowering small business owners. The donation will directly fund the Urban League's Entrepreneurship Center.

"As we navigate the fallout of the pandemic, America's leading corporations must partner with small business owners to fuel this vital sector of our economy," said Curt Morgan, president and CEO of Vistra. "Vistra and our team at Dynegy are fully committed to providing support, training, and financial assistance to the small businesses that make Philadelphia – and cities all over this country – strong."

Dynegy's donation will help the Urban League of Philadelphia assist small business owners with marketing efforts, provide one-on-one coaching to entrepreneurs, and offer business owners credit counseling and tax preparation services.

"We are thankful to Vistra and Dynegy for their generous donation to support our entrepreneurship center and small business clients during these difficult financial times," said Andrea Custis, president and CEO of the Urban League of Philadelphia. "Their support has given our clients the lifeline and resources needed to reposition their businesses and pursue new markets."

Dynegy's donation is part of a $10 million commitment from its parent company, Vistra, to support organizations that grow minority-owned small businesses, enhance economic development, and provide educational opportunities for students from diverse backgrounds. Serving nearly 5 million residential, commercial, and industrial retail customers with electricity and natural gas, Vistra is the largest competitive residential electricity provider in the country and is also the largest competitive power generator in the U.S.

About Dynegy
For over 30 years, Dynegy has helped millions of Americans throughout the Northeast, Mid-Atlantic and Midwest power their homes and businesses. Dynegy delivers simple, price-protected electricity plans for residential, municipal aggregation, commercial and industrial customers alike. Dynegy is committed to the communities it serves and gives back through local partnerships. Visit dynegy.com for more. Dynegy is a subsidiary of Vistra (NYSE: VST).

Media

Jenny Lyon
214-875-8004
Media.Relations@vistracorp.com

 

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SOURCE Dynegy