Rep. Holmes Applauds Vistra and Meta Announcement to Grow Nuclear Generation Capacity in Ohio and Pennsylvania

State Representative Adam Holmes (R-Nashport) today announced that Vistra and Meta will collaborate to grow nuclear generation capacity in Ohio and Pennsylvania. The agreement between Vistra and Meta will help grow the local tax base, foster economic development in the region, and protect existing jobs while creating new ones.

"Vistra's announcement about its upgrades and hiring at its two nuclear power plants confirms Ohio's energy strategy is working," said Holmes. "Market participants committed to increasing nuclear generation will enhance grid resiliency, accelerate economic development, and benefit all ratepayers in the state of Ohio."

"This is a unique and exciting collaboration, and Vistra is proud to partner with Meta on these long-term power purchase agreements, which ensure the continued safe and reliable operation of Vistra's Beaver Valley, Davis-Besse, and Perry nuclear power plants for decades to come while providing an innovative solution for our customer to support its sustainable operations," said Jim Burke, president and CEO of Vistra. "Importantly, this commitment from Meta provides Vistra certainty of future power demand, allowing us to invest in the market and get new nuclear generation online the fastest way possible - through uprates at our existing plants."

"At Meta, we are investing in baseload nuclear energy because it provides clean, reliable power that is essential for advancing our AI ambitions and strengthening American leadership in energy innovation. By supporting nuclear power, we ensure that our operations - and the communities we serve - benefit from energy solutions that drive both technological progress and economic growth," said Urvi Parekh, Head of Global Energy at Meta.

Through the agreements:

• Meta is purchasing 2,176 MW of existing energy and capacity from the Perry and Davis-Besse plants in Ohio;
• Meta is also purchasing 433 MW of incremental nuclear energy and capacity from equipment upgrades to increase generation output (called uprates) at the Perry (Ohio), Davis-Besse (Ohio), and Beaver Valley (Pennsylvania) plants - more than 20% of the contracted capacity announced today will be new capacity added to the region to support growth in electricity;
• The electricity generated at the plants will continue to go to the grid for all electricity users, while Meta is financially purchasing the output.

About Vistra's nuclear plants in PJM:

• Perry is a single-unit power plant located on Lake Erie, about 40 miles northeast of Cleveland in Perry, Ohio. The plant provides more than 600 full-time jobs in the North Perry area.
• Davis-Besse is a single-unit power plant in Oak Harbor, Ohio, located on Lake Erie, approximately 35 miles east of Toledo. The plant provides more than 600 full-time jobs in the area.
• Beaver Valley is a two-unit power plant in western Pennsylvania, about 30 miles northwest of Pittsburgh. The plant provides more than 750 full-time jobs in the area.