Vistra rises on reports of $4.2 billion US nuclear loan

By Reuters News

** Shares of Vistra VST.N rise more than 6% to $148.48, after reports that US would lend $4.2 billion to co to boost nuclear power output

** Energy Secretary Chris Wright is expected to announce the loan on Monday at Vistra's nuclear plant on Lake Erie in Ohio, a person familiar with the matter said on Saturday

** US power demand is rising for the first time in decades, driven by AI data centers, electrification of transportation and cryptocurrency mining

** President Donald Trump set a goal to quadruple US nuclear power capacity by 2050

** The news was first reported by Bloomberg News

** 20 of 21 brokerages rate the stock "buy" or above, 1 "hold"; median PT - $208.50 - data compiled by LSEG

** As of last close, stock was down 13.21% YTD

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