Talen Energy Stock Jumps on $3.5 Billion Deal to ‘Enhance' Data-Center Offerings
Core Insights - Talen Energy has entered into a deal valued at approximately $3.5 billion to increase its natural gas generation capacity by 2.6 gigawatts, which is aimed at enhancing its services for data centers [1] Company Summary - The deal will significantly expand Talen Energy's portfolio in the natural gas sector, indicating a strategic move to cater to the growing demand from data centers [1]