HOUSTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen”) (NASDAQ: TLN) released the following statement today in response to the Federal Energy Regulatory Commission (the “FERC” or “Commission”) order on Talen’s request for rehearing, which seeks reconsideration of the Commission’s November 1, 2024, order rejecting amendments to the Interconnection Service Agreement between PJM Interconnection, L.L.C., PPL Electric Utilities Corporation, and Talen subsidiary Susquehanna Nuclear, LLC (th ...

HOUSTON, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen” or the “Company”) (NASDAQ: TLN) announced today that the Company has closed on several financing transactions (the “Transactions”) that improve the Company’s debt structure and financing cost. The Transactions include: (i) repricing the Company’s existing $700 million revolving credit facility (the “Revolver”) to reduce the current interest rate margin by 100 basis points (to SOFR plus 200 basis points, with further leverage-based ...

HOUSTON, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen” or the “Company”) (NASDAQ: TLN) announced today that the Company has closed on its previously announced $850 million incremental Term Loan B credit facility (the “Financing”) and the repurchase (the “Repurchase”) of an equivalent value of shares of Talen’s outstanding Talen common stock, par value $0.001 per share (“Common Stock”) from affiliates of Rubric Capital Management LP (collectively, “Rubric”). The Company previously annou ...

HOUSTON, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen” or the “Company”) (NASDAQ: TLN) announced today that the Company has launched an incremental Term Loan B credit facility (the “Financing”) that will increase the principal Term Loan B balance under its credit facilities from $859 million to approximately $1.459 billion. The Company also expects to replace its existing Term Loan C facility with a new letter of credit facility. The Company has concurrently executed an agreement to re ...

If you enjoyed this analysis, consider subscribing to Green Growth Giants . Besides news updates on segments within the decarbonisation economy, community members have access to a host of other analyses that includes top-down sectoral coverage, in-depth stock research, educational pieces and rankings of ETFs based on proprietary methodology.As Big Tech takes a shine to nuclear energy for its anticipated data centre power demand, producers in the sector have seen a skyrocketing in share prices this year. One ...

In the months of October and November, Talen Energy (NASDAQ: TLN ) has received what I would describe as light political pushback against what appears to be very strong growth potential.I am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties for cash flow and long-term appr ...

Talen Energy Corporation (NASDAQ:TLN) Q3 2024 Results Conference Call November 14, 2024 10:00 AM ET Company Participants Ellen Liu - Senior Director, Investor Relations Mac McFarland - Chief Executive Officer Terry Nutt - Chief Financial Officer Cole Muller - Executive Vice President of Strategic Ventures John Wander - General Counsel Conference Call Participants Shar Pourreza - Guggenheim Jeremy Tonet - JPMorgan Angie Storozynski - Seaport Nicholas Campanella - Barclays Michael Sullivan - Wolfe Operator La ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Talen Energy Corporation (Exact name of registrant as specified in its charter) Common stock, par value $0.001 per share TLN The Nasdaq Global Select Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fr ...

Exhibit 99.1 Talen Energy Reports Third Quarter 2024 Results, Raises and Narrows 2024 Guidance and Reaffirms 2025 Guidance Earnings Release Highlights ▪ GAAP Net Income (Loss) Attributable to Stockholders of $168 million for the third quarter 2024 and $916 million year-to-date. ▪ Adjusted EBITDA of $230 million and Adjusted Free Cash Flow of $97 million for the third quarter 2024; year-to-date Adjusted EBITDA of $606 million and Adjusted Free Cash Flow of $262 million. ▪ Raising and narrowing 2024 guidance ...

Utility stocks are hurting amid news that the Federal Energy Regulatory Commission (FERC) rejected an amended interconnection service agreement between Amazon.com (AMZN) and Talen Energy (NASDAQ:TLN) at the latter's nuclear power plant. Let's take a closer look at TLN's response, and check in with its sector peers Constellation Energy Corp (NASDAQ:CEG) and Vistra Corp (NYSE:VST). TLN is down 2.4% to trade at $169.74 at last glance, pulling back from a rally that fell short of the $190 level. The 60-day movi ...