Energy Department Makes $4.2 Billion Conditional Loan Commitment to Vistra
By Katherine Hamilton
The Energy Department has given nuclear-energy company Vistra a conditional loan commitment of up to $4.2 billion.
The commitment is meant to finance nuclear uprates and modernization across Vistra's nuclear fleet in Pennsylvania and Ohio, the DOE said Monday.
The project will preserve nearly 4 gigawats of baseload power and add 433 megawatts of new nuclear capacity. The investments will support about 3,000 jobs related to the project.
The company must satisfy certain technical, legal, environmental and financial conditions before the DOE enters into definitive financing documents and funds the loan.
Vistra's planned spending at Beaver Valley in Pennsylvania and Davis-Besse and Perry in Ohio will produce electricity from existing nuclear plants without requiring new transmission corridors or generation resources.
The government's commitment also includes an option finance potential future uprates at Vistra's Comanche Peak Nuclear Power Plant in Texas.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
October 05, 2026 19:54 ET (23:54 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
The Top Funds for a Simpler Retirement Portfolio
The 10 Best Dividend Stocks
United States