US DOE offers $4.2B to uprate three Vistra nuclear plants

The U.S. Department of Energy has offered up to $4.2 billion in conditional financing to uprate Vistra's Beaver Valley plant in Pennsylvania and Davis-Besse and Perry in Ohio. The projects would add 433 MW of capacity, preserve nearly 4 GW of generation and extend reactor operation by 20 years.

• Up to $4.2B in conditional financing for operator Vistra
• Uprates add 433 MW to the PJM grid serving 67 million people
• Nearly 4 GW of existing nuclear capacity preserved for 20 more years
• About 3,000 project-related jobs expected