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DOE offers Vistra conditional loan of up to $4.2B for nuclear uprates
The Department of Energy's Office of Energy Dominance Financing announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra's nuclear fleet in Pennsylvania and Ohio. The projects at Beaver Valley, Davis-Besse and Perry are to add 433 MW of new nuclear capacity; Vistra must meet technical, legal, environmental and financial conditions before the loan is funded.
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Today’s announcement will deliver more reliable American energy, strengthen the grid, lower costs, and meet growing power demand across the 13-state PJM Interconnection, L.L.C. region. Energy.gov October 5, 2026 Estimated Read Time min WASHINGTON— The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) today announced a conditional loan commitment of up to $4.2 billion to finance nuclear uprates and modernization across Vistra’s nuclear fleet in Pennsylvania and Ohio. Today’s announcement will deliver more reliable American energy, strengthen the grid, lower costs, and…