Welcome to our dedicated page for Vistra news (Ticker: VST), a resource for investors and traders seeking the latest updates and insights on Vistra stock.
Vistra Corp. reports developments in integrated retail electricity and power generation, including operating results, capital allocation, dividends, debt financing, and power-market activity. The company operates a generation fleet that includes natural gas, nuclear, coal, solar, and battery energy storage assets, and it serves retail electricity customers through brands such as TXU Energy.
Recurring news also covers long-term power purchase agreements tied to nuclear generation, credit-profile updates, shareholder voting matters, and distributed-energy programs such as Battery Rewards, Vistra's residential battery aggregation program in Texas. Company updates frequently connect fleet operations, retail energy offerings, and balance-sheet actions within the broader U.S. electricity market.
Vistra (NYSE: VST) priced a private offering of $2.25 billion of senior secured notes: $1.0 billion due 2031 at 4.700% and $1.25 billion due 2036 at 5.350%, each sold at ~99.95% of par.
The notes are obligations of Vistra Operations Company LLC, fully guaranteed by certain subsidiaries and secured by a first‑priority lien on substantial Issuer assets and equity interests. Collateral will be released if the Issuer’s senior unsecured debt receives investment‑grade ratings from two of three agencies, subject to reversion on downgrade.
Proceeds are intended to fund a portion of the Cogentrix acquisition, for general corporate purposes including debt repayment, and to pay offering fees; closing is expected on January 22, 2026, subject to customary conditions.
Vistra (NYSE: VST) launched a private offering of senior secured notes due 2031 and 2036 issued by Vistra Operations Company LLC, an indirect wholly owned subsidiary. The Notes are senior, secured obligations fully guaranteed by certain current and future subsidiary guarantors and secured by a first‑priority interest in substantially all assets and the issuer's equity interests.
Collateral will be released if the issuer's senior unsecured long‑term debt achieves investment grade from two of three rating agencies, subject to reversion on downgrade. Proceeds are intended to fund part of the previously announced Cogentrix acquisition, for general corporate purposes (including repayment of indebtedness), and to pay offering fees and expenses. The Notes are being offered under Rule 144A and Regulation S and will not be registered under the Securities Act.
Vistra (NYSE: VST) signed 20-year power purchase agreements with Meta to supply a total of 2,609 MW of zero-carbon nuclear energy in PJM, comprising 2,176 MW from operating Perry and Davis-Besse plus 433 MW of uprates at Perry, Davis-Besse, and Beaver Valley. Meta's purchases begin in late 2026 and the full 2,609 MW phases in by 2034. The PPAs support subsequent 20-year license extensions, fund uprates (the largest nuclear uprates backed by a corporate customer in the U.S.), are expected to generate ~3,000 project jobs over the nine-year uprate program, and sustain substantial local tax revenues.
Vistra (NYSE: VST) agreed to acquire Cogentrix Energy's 10 natural gas facilities totaling approximately 5,496 MW for a net purchase price of about $4.0 billion (composed of ~$2.3B cash, ~$0.9B stock, and assumption of ~$1.5B debt, less ~$0.7B tax benefit NPV).
The deal implies ~$730/kW and ~7.25x 2027 expected Adjusted EBITDA; Vistra expects mid-single-digit Ongoing Operations AFCFbG1 per‑share accretion in 2027 and high single-digit accretion on average over 2027–2029. Closing is subject to FERC, DOJ HSR, and state approvals and is expected mid‑to‑late‑2026.
TXU Energy (VST) is expanding its annual Winter Warmth program on Nov. 7, 2025, committing $350,000 to support Texans with food, holiday meals, blankets, and electricity bill-payment help statewide.
The company is also providing an additional $200,000 to Energy Aid for holiday bill assistance. TXU Energy says its Energy Aid program has delivered more than $140 million in bill-payment assistance over 40 years, helping about 20,000 families a year. Funds will be distributed through nonprofit and social service partners across Texas.
Vistra (NYSE: VST) reported Q3 2025 GAAP net income $652M and Ongoing Operations Adjusted EBITDA $1,581M. The company narrowed 2025 Ongoing Operations Adjusted EBITDA guidance to $5.7B–$5.9B and raised/narrowed 2025 Ongoing Operations Adjusted FCFbG to $3.3B–$3.5B. Vistra initiated 2026 guidance of $6.8B–$7.6B Adjusted EBITDA and $3.925B–$4.725B Adjusted FCFbG, and provided a 2027 midpoint opportunity of $7.4B–$7.8B. The board authorized an additional $1.0B share repurchase (expect to use by year-end 2027). Company completed acquisition of seven natural gas plants (~2,600 MW) and announced two new gas units (~860 MW) plus a 20‑year, 1,200 MW PPA at Comanche Peak.
Vistra (NYSE: VST) declared quarterly and semi‑annual dividends on Oct. 30, 2025.
The board approved a $0.2270 quarterly dividend on common stock (~$75 million aggregate) payable Dec. 31, 2025 to holders of record Dec. 22, 2025 (ex‑dividend Dec. 22, 2025). This common payout is an approximate 2% increase versus the Q4 2024 dividend per share.
The board also declared semi‑annual dividends on preferred shares: Series B at $35.00 per preferred share (annualized $70.00), payable Dec. 15, 2025 (record date Dec. 1, 2025); and Series C at $44.375 per preferred share (annualized $88.75), payable Jan. 15, 2026 (record date Jan. 1, 2026).
Lotus Infrastructure Partners announced on October 22, 2025 the closing sale of a 2.6 GW natural gas-fired power generation portfolio to Vistra Corp. (NYSE: VST). The portfolio comprises seven modern facilities: five combined-cycle gas turbine plants and two combustion turbine plants located across PJM, ISO New England, New York ISO, and California ISO.
Lotus said the assets were operated and optimized during its ownership and that the sale returns significant capital to Lotus funds. Lazard served as exclusive financial advisor to Lotus, with legal counsel from King & Spalding and Eversheds Sutherland (US).
Vistra (NYSE: VST) completed the acquisition of seven modern natural gas generation facilities from Lotus Infrastructure Partners, adding approximately 2,600 MW of capacity on Oct 22, 2025.
The assets expand Vistra's geographically diverse fleet across key competitive markets including PJM, New England, New York, and California. The closing followed receipt of all required regulatory approvals. Company commentary emphasizes operational fit, customer reliability, and integration experience to support a seamless transition and continued focus on safety, affordability, and flexible power delivery.
Vistra (NYSE: VST) received FERC approval on October 2, 2025 for its purchase of subsidiaries owning seven natural gas generation facilities from Lotus Infrastructure Partners. The deal would add approximately 2,600 megawatts—five combined-cycle gas turbine plants and two combustion turbine plants—to Vistra's generation mix across PJM, New England, New York, and California. Vistra also announced the prior expiration of the HSR Act waiting period. The transaction is on track to close this quarter or Q1 2026 but remains subject to New York Public Service Commission approval and customary closing conditions.