“`html
U.S. Electricity Demand Drives Vistra’s Growth
The U.S. is experiencing a significant increase in electricity demand, primarily due to the expansion of data centers and artificial intelligence. Vistra (NYSE: VST), a leading competitive power generator based in Irving, Texas, serves 5 million customers and operates approximately 41,000 MW of generating capacity across 18 states and Washington, D.C.
Vistra’s electricity generation is diversified, with 59% from natural gas, 16% from nuclear (boasting the second-largest nuclear fleet in the U.S.), 21% from coal, and 4% from renewables and battery storage. The company anticipates annual load growth in the low-to-mid single-digit range through 2030, fueled by large data centers and increased manufacturing activities.
Despite favorable trends, Vistra’s merchant operations expose it to market fluctuations, affecting revenue based on volatile wholesale electricity prices. The company has seen its stock surge 78% over the past year, projecting a non-GAAP EPS growth of 57% in 2026.
“`
