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FINWIRES

Vistra Q2 Electricity Generation Up YoY

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Integrated retail electricity and power generation company Vistra (VST) Friday posted a year-over-year increase in Q2 electricity generation to 50.2 terawatt-hours from 45.6 TWh.

Commercial availability of power generating facilities averaged 95.7% during the quarter, up from 91.8% a year earlier.

Vistra's assets, consisting of combined-cycle gas turbines, nuclear power plants, coal power plants, solar farms, and battery storage, have a total net capacity of 43.82 gigawatts as of June 30.

The company projects this year's adjusted capital expenditure to total $1.50 billion, up from the previous year's $1.31 billion.

It has formed Helix Digital Infrastructure along with partners Nvidia (NVDA), KKR (KKR), and Kuwait Investment Authority, and has advanced the acquisition of Cogentrix Energy, the construction of two Permian Basin natural gas units, and the development of solar facilities.

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