3/ $VST - existing capacity, already connected
Vistra owns generation running right now, including nuclear, connected to the grid, serving load today.
Q2 adjusted EBITDA of $1.767 billion, up more than 30% year over year. EPS of $1.80 against a $1.54 consensus. Fleet commercial availability above 97% during the summer heat in Texas and PJM. They reaffirmed 2026 guidance of $6.8 to $7.6 billion and said they expect to land at or above the midpoint.
They also launched Helix Digital Infrastructure with KKR, Nvidia, and the Kuwait Investment Authority, a rack-to-grid platform for data center power. Vistra committed up to $1 billion and serves as preferred power partner.
Why the existing fleet matters. Data center announcements went from roughly 18 gigawatts in 2023 to about 295 gigawatts now, while the grid adds around 93 gigawatts of accredited supply through 2030. Accredited being what an operator will actually count on during the worst hour of the year.
So the pool of firm, dispatchable, 24/7 power is effectively fixed for years. No construction risk, no permitting queue, no turbine backlog.
Two honest notes. ERCOT forwards are softer, and management said they're trending toward the lower end of the 2027 range. And Burke flagged that the Texas interconnection audit will pause some reviews for a couple of months, which creates near-term uncertainty for data center projects trying to connect.
Cogentrix and the Meta PPA are both still excluded from guidance, worth roughly $700 million of additional midpoint opportunity. Guidance update comes on the Q3 call.
Introducing Higgsfield in Blender.
> Prompt the scene and build the blockout
> Describe the camera move and get it animated
> Adjust anything by hand
> Reblock the whole shot in seconds
Now available via Higgsfield MCP or Supercomputer.
Stop using English to jailbreak LLMs.
Stop using English to jailbreak LLMs.
Stop using English to jailbreak LLMs.
Stop using English to jailbreak LLMs.
Stop using English to jailbreak LLMs.
Stop using English to jailbreak LLMs.
Stop using English to jailbreak LLMs.
@IGN the biggest complain I have about this game gotta be this goofy ahh shitty generic default from engine looking UI.
That looks like one of those shitty UI from AI generated apps
اگه جراحی پیدا بشه که (ظاهرا بدون هزینه) ۸۰٪ تومورهای سرطانی معده شما رو با مهارت دربیاره اما ۲۰٪ رو بزاره بمونه و تازه پنس جراحی هم تو معده شما جا بذاره چی بهش میگین؟
میگین دکتر مادرجنده ریدی با این جراحیت؟
یا میگین دکتر ترامپ دستت درد نکنه ۸۰٪ از بافت سرطانی رو برداشتی؟