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Vistra receives conditional loan commitment of up to $4.2 billion from U.S. Department of Energy

The Motley Fool +1 ·

VST Vistra Corp
$151.79 -6.51%
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  1. 1The U.S. Department of Energy's Loan Programs Office announced a conditional loan commitment of up to $4.2 billion to Vistra.
  2. 2Vistra will add power capacity to its large-scale portfolio.
  3. 3Vistra stock has recorded a 23% decline over the past year.

So what's the key point?

The U.S. Department of Energy has decided to lend up to $4.2 billion to Vistra. This money can be used to expand electricity production facilities, which helps the company.

Source The Motley Fool +1 · View original ↗

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