How will the deal affect Vistra's stock?

The stock trades at $153.7 with a very large five-year return, and the deal is expected to boost long-term revenue and earnings.

What is Meta's role in this deal?

Vistra signed a long-term nuclear power agreement to supply Meta's data centers, increasing demand for Vistra's energy.

Are there plans to restart nuclear plants?

Yes, Vistra plans to restart the Perry nuclear plant to add baseload capacity for AI-driven electricity demand.

Vistra Completes Cogentrix Acquisition, Expands AI Data Center Power Supply

Vistra (VST) has completed its acquisition of Cogentrix's natural gas assets, expanding its power generation portfolio. It also signed a long-term nuclear power agreement to supply Meta's (META) data centers and plans to restart the Perry nuclear plant to meet AI-driven electricity demand.

June 4, 2026

2 min read

Source: Simply Wall St.

Key Numbers

stock price

153.7

five year return

very large

Vistra (NYSE:VST) announced the completion of its acquisition of Cogentrix's natural gas assets, a move aimed at expanding its power generation capacity. The deal comes amid surging electricity demand from AI data centers.

Deal Details

Value: Not disclosed
Assets Acquired: Natural gas power plants from Cogentrix
Payment Method: Cash (per announcement)
Closing Date: Early June 2026

Rationale

Vistra aims to:

Increase power generation capacity to meet AI data center demand
Diversify its energy mix with natural gas alongside nuclear
Strengthen its competitive position in the energy market

Regulatory Challenges

No major regulatory hurdles have been reported, but the deal may face review by the Federal Energy Regulatory Commission (FERC) due to the scale of assets transferred.

Impact on Stock

Vistra's stock trades at $153.7, with a very large five-year return, reflecting investor confidence. The acquisition and new Meta contract could boost long-term revenue and earnings.

Frequently Asked Questions

The total value of the deal has not been disclosed.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.