Vistra Is the Quietest Big Winner of the AI Power Boom. Here's Why.

Goldman Sachs research predicts U.S. data center power demand will double from 31 gigawatts (GW) in 2025 to 66 GW by 2027. Vistra (NYSE: VST), a merchant power producer with a vast fleet of energy assets, is positioned to benefit from this surge in electricity demand. The company has secured significant contracts with major tech companies, such as Amazon Web Services and Meta Platforms, through long-term power purchase agreements (PPAs).

Vistra's deal with Meta Platforms includes 2,609 megawatts (MW) of power from its nuclear sites, with a 20-year extension option. Additionally, the company recently acquired Cogentrix Energy, adding 10 natural gas plants with about 5,500 megawatts (MW) of capacity in key U.S. regions. Vistra is also a preferred power provider for Helix Digital Infrastructure, aiming to develop AI data centers with $10 billion in investments.

With Vistra's stock currently down 38% from its 52-week high, it is trading at just 12 times next year's projected earnings, making it an attractive investment opportunity for those seeking exposure to the growing demand for electricity in AI data centers.