Vistra (VST) Expands Power Fleet, Acquires Seven New Natural Gas Facilities

Vistra Corp. (NYSE:VST) is one of the 10 Best American AI Stocks to Buy According to Analysts. On October 22, Vistra Corp. (NYSE:VST) reported that it has acquired 7 modern natural gas generation facilities from Lotus Infrastructure Partners, which have a total capacity of about 2,600 megawatts.

This transaction was completed after Vistra Corp. (NYSE:VST) got all the necessary regulatory approvals.

Vistra (VST) Expands Power Fleet, Acquires Seven New Natural Gas Facilities

This acquisition adds highly efficient assets and expands Vistra Corp.’s (NYSE:VST) power generation portfolio in several key competitive markets including PJM, New England, New York, and California.

With this acquisition of modern facilities, Vistra Corp. (NYSE:VST) expects to provide more reliable, affordable, and flexible power to its customers as the demand for electricity grows, especially from AI data centers.

Vistra Corp. (NYSE:VST) is a leading retail electricity and power generation company that operates a power generation fleet of natural gas, nuclear, coal, solar, and battery energy storage facilities.

While we acknowledge the potential of VST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VST and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.