---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-008508"
form_type: "8-K"
ticker: "VST"
cik: "0001692819"
company_name: "Vistra Corp."
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:04:33.812741+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Vistra signs 20-year PPAs with Meta to supply 2,609 MW nuclear power

## Summary
- Signed 20-year PPAs with Meta for 2,609 MW of carbon-free nuclear power from Perry, Davis-Besse, and Beaver Valley plants.
- Operating deliveries start late 2026, full by end 2027; uprate deliveries start by 2031, full by end 2034.
- Capital expenditures for uprates from 2026-2034, with less than 20% by 2028; expected to meet mid-teens levered return.
- At full delivery, incremental Adjusted FCF before Growth accretion: 8-10% from operating, additional 5-7% from uprates.
- Conversion of incremental EBITDA to FCF before Growth expected at ~80%.

## SEC filing metadata
- accession: 0001193125-26-008508
- form_type: 8-K
- ticker: VST
- cik: 0001692819
- company_name: Vistra Corp.
- filed_at: 2026-01-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692819/000119312526008508/0001193125-26-008508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692819/000119312526008508/d20785d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-008508
- JSON: https://secwatch.observer/filing/0001193125-26-008508.json
- Plain text: https://secwatch.observer/filing/0001193125-26-008508.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.