Vistra Corp. $VST, one of the largest operators of energy systems in the United States, has announced its intention to acquire seven natural gas power plants for $1.9 billion. This decision solidifies the company's position in the fossil fuel sector, which is becoming increasingly relevant in light of the growing energy demands driven by advancements in artificial intelligence.
Norwegian energy giant Equinor is once again reaffirming its strategic vision by merging its renewable energy projects with gas power plants and energy storage solutions. This move comes as a response to the surging global demand for electricity driven by the rapid growth of artificial intelligence, data centers, and the worldwide shift toward a "green" economy. While Equinor continues to generate a significant portion of its revenue from oil and gas, this new initiative highlights the company’s commitment to creating a hybrid model that integrates traditional energy sources with modern, sustainable technologies.