Vistra Corp Stock news
On September 1, 2026, Vistra Corp. (NYSE: VST) CEO Jim Burke provided a strategic update at the Barclays CEO Energy--Power Conference, disclosing that the company is in "advanced negotiations" with three hyperscale cloud providers for long--term Power Purchase Agreements (PPAs) totaling more than 1.2 GW. These agreements are intended to provide dedicated power from Vistra’s nuclear and gas--fired assets to support large--scale AI data center developments. Additionally, management raised its synergy capture target for the Cogentrix acquisition by $50 million, now projecting $200 million in annual savings by 2027. Burke emphasized Vistra's ability to provide "behind--the--meter" solutions to bypass grid congestion and confirmed that the company is on track to report its Q3 2026 financial results on November 5, 2026.