US plans $4bn nuclear loan for Vistra, reports say - Financial-News.co.uk
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The US government plans to lend Vistra Corp. (VST) roughly $4bn to upgrade three of its nuclear power plants, Bloomberg reported on 2 October 2026, citing people familiar with the matter. Reuters, citing its own source, put the figure higher: $4.2bn. Vistra shares closed up 4.93% at $143.9605 on 2 October, on volume nearly three times their 20-day average. Every account of the Trump administration’s plan traces back to unnamed sources. Bloomberg’s original report described a package near $4bn; Benzinga’s write-up of that story carried the same figure in its headline. Reuters, reporting separately, said its source put the number at $4.2bn. Neither the Department of Energy nor Vistra has issued a statement confirming the loan, its size or its terms. No 8-K or related disclosure appears in Vistra’s filings with the SEC as of the reports. Coverage also varies on scope: some accounts describe upgrades at two Ohio plants and one in Pennsylvania, others simply “three nuclear plants” without naming all three. Until Washington or the company confirms the package, the reporting stands as sourced to people familiar with the matter rather than an announced deal. The market moved regardless of the uncertainty over the exact figure. VST’s 4.93% gain came on volume 2.98 times its 20-day average, pushing the stock near its 20-day high of $145.665. Daily short-sale ratios tracked by FINRA...
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The company reported net income of $305m on revenue of $4,401m in the quarter to 30 June 2026, following $1,029m of net income on $5,001m of revenue in the first quarter.
