Movement Alert|Vistra Energy Corp. Rises 6.1% in Regular Trading, Secures $4.2 Billion DOE Loan Commitment for Nuclear Upgrades

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On October 6, Vistra Energy Corp. rose 6.1% in regular trading, trading at $152.44 per share with turnover of $202 million. The move was driven by the U.S. Department of Energy's announcement of a conditional loan commitment of up to $4.2 billion for nuclear plant upgrades and modernization at its Beaver Valley, Davis-Besse, and Perry facilities in Pennsylvania and Ohio. The projects are expected to preserve nearly 4 gigawatts of baseload power, add 433 megawatts of nuclear capacity, and extend plant operations by 20 years. The loan package had been rumored in prior market chatter, and the formal confirmation reinforced investor confidence in the long-term earnings potential of the company's nuclear fleet.

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