Nuclear Stock Vistra Goes Big on Natural Gas. It’s an Answer to Growing Power Demand.

Mackenzie Tatananni | Source: Microsoft Start | Posted 05/17/2025

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Vistra stock climbed Friday after the energy provider unveiled a $1.9 billion deal to broaden its natural gas portfolio.

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Vistra's stock experienced a 3.1% increase following the announcement of a $1.9 billion acquisition aimed at expanding its natural gas portfolio. The energy provider has agreed to purchase seven modern natural gas generation facilities from Lotus Infrastructure Partners, which collectively provide approximately 2,600 megawatts of capacity. This acquisition includes five combined cycle gas turbine facilities and two combustion turbine facilities located on both the East and West Coasts, enhancing Vistra's geographical diversification in its natural gas fleet.

President and CEO Jim Burke emphasized the growing importance of natural gas in ensuring the reliability and affordability of U.S. power grids. The acquisition is expected to be funded through an existing term loan and cash reserves, with a projected closing date in late 2025 or early 2026, pending regulatory approvals. Despite a mixed first-quarter performance, where the company reported a $268 million loss, Vistra's stock has shown significant growth, gaining 10% this year and 62% over the past 12 months.

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Source Link: https://www.msn.com/en-us/money/markets/nuclear-stock-vistra-goes-big-on-natural-gas-it-s-an-answer-to-growing-power-demand/ar-AA1EUE1x?ocid=finance-verthp-feeds

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Nuclear Stock Vistra Goes Big on Natural Gas. It’s an Answer to Growing Power Demand.

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