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Renewable energy company Zelestra agrees $154m funding with Santander
Yahoo Finance· 2026-02-10 11:21
Core Insights - Zelestra has secured a €130 million ($154 million) syndicated equity-bond facility with Santander, supported by Instituto de Credito Oficial (ICO) and CESCE, aimed at developing approximately 500MW of renewable energy projects in Germany, Italy, and the US [1][2] - The projects will encompass wind, solar, and battery energy storage capacities, with construction expected to commence in 2026 and 2027 [1] - The financial arrangement is part of Zelestra's strategy to diversify its financial operations and reflects confidence in its global strategy [2] Financial Arrangement - The €130 million facility is intended to bolster Zelestra's growth and capability to deliver significant clean energy projects for customers and communities [3] - CESCE's involvement focuses on managing credit and investment insurance, mitigating risks associated with international operations of Spanish companies [3] Company Operations - Zelestra operates as a vertically integrated enterprise, specializing in the development, commercialization, construction, and management of large-scale renewable energy projects [4] - The company is backed by EQT, a global investment fund managing assets totaling €270 billion [4] - Zelestra has recently expanded its clean energy partnership with Meta through a new power purchase agreement for the Skull Creek Solar Plant in Texas, US [4]
Vistra Corp. (VST) – One of the Best Nuclear Power Dividend Stocks to Buy Now
Yahoo Finance· 2025-10-16 19:05
Core Insights - Vistra Corp. is recognized as one of the best nuclear power dividend stocks to invest in currently [1][2] - The company is the largest competitive power generator in the US with a capacity of approximately 41 GW, including a significant nuclear power fleet [2] - Seaport Research has raised the price target for Vistra Corp. from $220 to $242, maintaining a 'Buy' rating due to favorable market conditions [3] Company Overview - Vistra Corp. operates a diverse energy portfolio that includes natural gas, coal, nuclear, solar, and battery energy storage facilities [2] - The company aims to increase its nuclear capacity by over 600 MW by the early to mid-2030s [2] Financial Performance - Since Q4 2021, Vistra Corp. has returned over $6.5 billion to shareholders through share repurchases and dividends [4] - The company anticipates returning an additional $1.8 billion to shareholders by the end of next year [4] Market Outlook - Analysts expect growth in cash flows for thermal independent power producers due to rising power and capacity prices, lower interest rates, and the absence of cash taxes [3] - There are expectations for more datacenter power deals and additional M&A activity before the end of the year [3]