Jan 5 (Reuters) - Utility Vistra (VST.N), opens new tab said on Monday it has agreed to buy Cogentrix Energy, comprising 10 natural gas-fired power plants, from Quantum Capital Group for about $4.7 ...
Meta Platforms needs nuclear energy to meet its soaring electricity demands. Vistra aims to supply the AI giant with affordable power for decades to come. Under the terms of the 20-year PPAs, Vistra ...
Vistra is one of the strongest publicly traded utility companies of the past few years. It's benefited from pricing volatility, increasing demand for electricity, and its solid growth in nuclear. Much ...
Vistra shares have surged as investors price in the rising energy needs from data centers. As a merchant power producer, Vistra sells electricity directly into competitive markets. Vistra trades at a ...
The deal involves supplying over 2,600 MW of zero-carbon power from three nuclear plants to support Meta's regional operations. In particular, Meta will purchase 2,176 MW of nuclear energy from Vistra ...
Vistra announced it has entered into 20-year PPAs to provide more than 2,600 MW of energy from a combination of three different Vistra nuclear plants to support Meta’s operations in the PJM region.
(RTTNews) - Vistra Corporation (VST), an integrated retail electricity and power generator, said on Friday that it has inked a 20-year power purchase agreement to provide over 2,600 megawatts of ...
Vistra will acquire Cogentrix Energy from Quantum Capital Group in a deal valued at about $4 billion, including cash, equity and debt. The electricity and power generation company said Monday the ...
Under the terms of the 20-year PPAs, Vistra will supply over 2,600 megawatts (MW) of zero-carbon energy from three of its nuclear plants to support Meta's artificial intelligence (AI)-fueled expansion ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Beaver Valley Nuclear Power ...
Shares of Oklo and Vistra jumped after Meta Platforms said it would back nuclear projects with the companies to support its artificial-intelligence data centers. Oklo's stock climbed 19%, to $115.75, ...