“With power demand rising, our team at Vistra (VST) remains steadfast in our commitment to reliably power American homes and businesses, providing a critical foundation for the U.S. economy,” said CEO Jim Burke. “This quarter, we solidified several opportunities to expand our generation capacity and capabilities for decades to come, including through the execution of a definitive agreement to acquire a 2,600-MW natural gas generation fleet spanning the PJM, New England, New York, and California electricity markets, and through NRC approval of a license extension through 2046 for our Perry Nuclear Power Plant in Ohio. Now, each of Vistra’s six nuclear reactors are licensed to operate for a total of 60 years. In addition, the team’s focus on our core business operations through our integrated business model resulted in solid second quarter results, throughout a variety of pricing and weather conditions. The performance year-to-date and the forecast we see for the remainder of 2025 provide increasing confidence in our reiterated 2025 guidance ranges and our increased 2026 midpoint opportunity. We look forward to continuing the momentum and executing on the remainder of the year ahead,” Burke concluded.
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