Vistra Stock Is Rising. Why This $4 Billion AI Power Deal Is Impressing Investors.
Core Insights - The power-generation company has agreed to acquire Cogentrix Energy in a deal valued at $4 billion, which will be financed through a combination of cash, stock, and debt [1] Company Summary - The acquisition of Cogentrix Energy represents a significant strategic move for the power-generation company, enhancing its portfolio and market position [1]