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.

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.

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