Reported about 14 hours ago
Vistra Corp. (VST) has announced the acquisition of seven natural gas power plants for $1.9 billion from Lotus Infrastructure Partners, targeting the increasing energy demand driven by artificial intelligence. This deal will add 2,600 megawatts of power capacity, enhancing Vistra's extensive portfolio across five states. Analysts view this move as part of a larger trend among power producers responding to the surge in data center demand, while also reflecting positively on investors as Vistra continues its long-standing dividend growth.
Source: YAHOO