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-0.00134478689244452 0.0121305266624585 0.0121305266624585 0.0161099980788759 -0.00118011910969621 0.0127068639020775 0.00452836402557849 0.0209402530394928
Stock impact report

Talen Energy Receives Regulatory Clearance for Freedom and Guernsey Acquisitions [Yahoo! Finance]

Talen Energy Corporation (TLN) 
Company Research Source: Yahoo! Finance
power producer, today announced that it has received regulatory clearance from the Federal Energy Regulatory Commission (“FERC”) and the Department of Justice (the “DOJ”) for its previously announced acquisitions (the “Acquisitions”) of the Freedom Generating Station in Pennsylvania and the Guernsey Power Station in Ohio, both natural gas fired combined cycle generation plants in PJM. The Acquisitions will selectively add nearly 2.9 gigawatts of modern, highly efficient baseload generation to Talen's fleet, provide additional cash flow diversification to the business, and enhance Talen's ability to offer reliable, scalable, grid-supported, and regionally diverse low-carbon capacity to hyperscale data centers and large commercial off-takers. “I am pleased to announce that we have received the key regulatory clearances necessary to close on Talen's highly accretive acquisition of the Freedom and Guernsey plants,” said Talen's President and Chief Executive Officer, Mac McFarland. “Th Show less Read more
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