Vistra's Stock Surges After $4.2 Billion DOE Loan for Nuclear Upgrades
On Tuesday, Vistra Corp (NYSE: VST) saw its stock rise by nearly 9% after the U.S. Department of Energy announced a $4.2 billion loan to fund upgrades at nuclear plants in Pennsylvania and Ohio. The funding aims to preserve four gigawatts of reliable power while extending plant lifespans by two decades and increasing production capacity by over 10%. A portion may also be used for expansion at Vistra's Comanche Peak Nuclear Power Plant in Texas. The loan is part of a broader initiative under President Trump’s
Tickers: $VST
Topics: DOE loan government funding nuclear energy Vistra Corp