Reported 2 days ago
Vistra Corp. (NYSE:VST), a leader in the electricity and power generation market, anticipates adjusted EBITDA reaching a record $5.5–$6.1 billion due to soaring electricity demand driven by AI data centers and cryptocurrency mining. As part of its growth strategy, Vistra plans to enhance natural gas capacity through acquisitions, expand clean energy investments, and recently secured a 20-year extension for its nuclear plant license. The company's ongoing share repurchase since 2021 reflects strong financial management amid this demand surge.
Source: YAHOO