Vistra Banks on the Data Center & ERCOT Growth: The 2027-2028 Setup

Key Takeaways Vistra sees data center demand tightening power markets by late 2027 or early 2028.VST is heavily hedged through 2026, with much of 2027 and 2028 already secured.Vistra signed 20-year nuclear PPAs, including deals with Meta and AWS for clean energy. Vistra Corp. (VST) is positioning its integrated retail-plus-generation platform for a period when incremental load growth could start to matter more for realized power prices. Management expects U.S. electricity demand to grow steadily in 2026–20 ...