DOE gives Vistra $4.2 billion conditional loan for nuclear uprates

Vistra received a conditional loan commitment of up to $4.2 billion from the Energy Department on Monday. The funds target nuclear uprates and modernization at three plants in Pennsylvania and Ohio, adding 433 megawatts of capacity. The company must clear technical, legal, environmental and financial conditions before final funding. The deal also includes an option for future uprates at Comanche Peak in Texas.