Nuclear Stock Vistra Goes Big on Natural Gas. It’s an Answer to Growing Power Demand.
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Vistra stock climbed Friday after the energy provider unveiled a $1.9 billion deal to broaden its natural gas portfolio. The company said it had reached an agreement to acquire seven modern natural gas generation facilities from Connecticut-based Lotus Infrastructure Partners, totaling roughly 2,600 megawatts of capacity. The acquisition includes five combined cycle gas turbine facilities and two combustion turbine facilities located across the East and West Coasts.
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