Form 10-Q · Quarterly report
Vistra Corp. 10-Q, filed Aug 10, 2026
- Filed
- CIK
- 0001692819
- Accession no.
- 0001692819-26-000019
Summary
Vistra Corp. committed up to $1 billion to KKR Helix C L.P., a KKR-managed fund targeting AI-enabling infrastructure, and disclosed other developments including PJM capacity auction results, a $583 million Texas Energy Fund loan for a West Texas gas peaker, and 20-year nuclear power purchase agreements with Meta for 2,609 MW. It also received FERC approval for its Cogentrix Energy acquisition and completed an investment-grade collateral release after S&P and Fitch upgrades.
Key points
- Vistra committed an initial $500 million and up to an additional $500 million to KKR Helix C L.P., an open-ended fund managed by KKR affiliates seeking AI-related infrastructure investments.
- In July 2026, Vistra cleared 10,924 MW in PJM's 2028-2029 capacity auction at $325 per MW-day across listed zones.
- Vistra entered 20-year PPAs with Meta to supply 2,609 MW of carbon-free power and capacity from PJM nuclear plants, including uprates at Perry, Davis-Besse, and Beaver Valley.
- Vistra received FERC approval in August 2026 for its Cogentrix Energy acquisition of 10 natural gas generation facilities totaling approximately 5,500 MW, expected to close in late 2026.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION, AND RESULTS OF OPERATIONS The following discussion and analysis of our financial condition and results of operations should be read together with the condensed consolidated financial statements and related notes included in Part I, Item 1. Financial Statements. Business Environment and Outlook Electricity Demand Electricity demand drivers including the rise of large scale data centers, the electrification of oil field operations, and electric vehicle load building are contributing to a projected fast-paced load growth in the regions we serve. …
An excerpt of the text as filed with the SEC, cut for length.
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