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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Vistra Corp. (VST) Bets on AI Power Demand With $1.9 Billion Natural Gas Deal

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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77% Informative

Vistra Corp. ( NYSE : VST ) has recently agreed to acquire seven natural gas power plants for $1.9 billion from Lotus Infrastructure Partners .

The deal will add 2,600 megawatts of capacity across five states, mainly in the Northeast .

The move reflects a broader trend among independent power producers capitalizing on the surge in data center demand.

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