PJM Capacity Auction Results Boost Future Revenue
The July 2026 PJM capacity auction cleared at $325/MW-day across all zones for the 2028-2029 planning year, with Vistra securing 10,924 MW of cleared capacity, substantially higher than prior cycles, signaling strong future cash flows.
Strategic AI-Infrastructure Investment with KKR
Vistra committed up to $1 billion to the KKR Helix Fund, targeting hyperscale data center and power infrastructure to capitalize on AI-driven electricity demand, with an initial $500 million investment.
Portfolio Optimization with Gas Plant Dispositions and Cogentrix Acquisition
The company agreed to sell three gas plants (Casco Bay, Beaver Falls, Syracuse) and expects to close the $3.8 billion Cogentrix acquisition adding 5,500 MW by late 2026, reshaping its generation mix.