Vistra ($VST) signed 20‑yr PPAs with Meta ($META) to supply 2,609 MW of carbon‑free nuclear power from…
Filed with the SEC on · Summarized by InvestorsBot
Vistra ($VST) signed 20‑yr PPAs with Meta ($META) to supply 2,609 MW of carbon‑free nuclear power from PJM: 1,268 MW Perry, 908 MW Davis‑Besse (operating) + uprates of 213 MW Perry, 80 MW Davis‑Besse, 140 MW Beaver Valley. 🤝⚡ #PPAs #Nuclear
Delivery timeline: partial operating energy late 2026, full operating by YE‑2027. Uprate deliveries partial by 2031, full by YE‑2034. Uprate capex 2026–2034 with <20% of spend by YE‑2028. 🔧📅 $VST $META #CapEx #EnergyTransition
Financial impact: uprates expected to meet/exceed mid‑teens levered returns. Incremental Adj. FCF before Growth ≈ +8–10% (operating) +5–7% (uprates) vs 2026 guidance; Adj. EBITDA→FCF conversion ~80% (ex‑uprate capex & tax). 💰⚡ $VST #Investing #Utilities