Vistra and Meta Announce Agreements to Support Nuclear Plants in PJM and Add New Nuclear Generation to the Grid
Vistra Corp. Investor Relations••business
Key Points:
- Vistra has signed 20-year power purchase agreements (PPAs) to supply over 2,600 MW of zero-carbon nuclear energy from its Perry, Davis-Besse, and Beaver Valley plants to support Meta's operations in the PJM region, including 433 MW of increased capacity from plant uprates.
- These agreements represent the largest nuclear uprates supported by a corporate customer in the U.S. and will enable Vistra to pursue subsequent 20-year license extensions for the three nuclear plants, securing their operation for decades.
- The projects will generate significant economic benefits, including thousands of permanent jobs, approximately 3,000 project-related jobs during uprate construction, and substantial contributions to local tax bases and community development.
