Vistra Stock Surged Following Its $4.2 Billion Federal Loan. With the Stock Down 23% Over the Past Year, Is It Time to Buy?
The Department of Energy announced a $4.2 billion loan to Vistra to upgrade and modernize its power-generation fleet and expand capacity. Vistra owns generation assets in several fast-growing U.S. data center markets.
Why it matters — The financing supports Vistra’s plans to increase capacity amid rising power demand, including in markets where data centers are expanding.