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News  ›  Benzinga

Vistra Wins Mega Nuclear Deal With Meta, Stock Jumps

Benzinga Logo Benzinga By Lekha Gupta
Vistra Wins Mega Nuclear Deal With Meta, Stock Jumps

Vistra Corp secured a 20-year power purchase agreement with Meta Platforms to supply over 2,600 MW of zero-carbon nuclear power from three plants in Ohio and Pennsylvania. The deal, with energy purchases commencing in late 2026, drove Vistra's stock up 15.21% in premarket trading. Meta is simultaneously partnering with Oklo Inc to develop a 1.2-gigawatt nuclear power campus in Ohio, reflecting Big Tech's strategy to secure long-term energy supplies for AI-driven growth.

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Secured a major 20-year, 2,600+ MW power purchase agreement with Meta, providing long-term revenue certainty and supporting license extensions for nuclear plants. Stock jumped 15.21% on the announcement.