Constellation Energy plans to restart the Three Mile Island nuclear plant , with operations slated to resume in 2028 subject to approval by the Nuclear Regulatory Commission.
It demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors.
VST YTD mountain Vistra shares, YTD The power company, headquartered outside Dallas, is viewed as one of the lead contenders to ink a data center nuclear deal next.
"Vistra's timely acquisition of nuclear portfolio Energy Harbor in 2023 gives the company a coveted nuclear portfolio," the analysts said.
Burke specifically called out Comanche Peak, a twin reactor nuclear plant with 2.4 gigawatts of capacity outside Forth Worth, Texas.
Persons:
Vistra, Shahriar Pourreza, Jefferies, Julien Dumoulin, Smith, Jim Burke, Burke, John Ketchum, Duane Arnold, Ketchum, NextEra, Robert Blue
Organizations:
U.S, Constellation Energy, Nuclear Regulatory Commission, Microsoft, Vistra Corp, Nvidia, Energy, Guggenheim Securities, Wall Street, Jefferies, NextEra Energy, Dominion Energy, Dominion
Locations:
Dallas, Ohio, Pennsylvania, Energy Harbor, Forth Worth , Texas, Iowa, FactSet, Waterford , Connecticut