Feb 27 (Reuters) - Utility firm Talen Energy TLN.O reported an increase in its annual profit on Thursday, helped by lower operating and energy expenses, sending the company's shares up 2.6% in extended trading.
The utility reported operation, maintenance and development expenses of $592 million in 2024, down about 8% from a year earlier. Energy expenses fell about 8% to $797 million.
In November, Talen was pursuing another chance to convince regulators to approve its agreement to supply more electricity to an Amazon AMZN.O data center connected to the utility's nuclear power plant in Pennsylvania.
The Federal Energy Regulatory Commission struck down the deal that month to increase the capacity of the data center at Talen's Susquehanna plant to 480 megawatts from 300 megawatts, noting that diverting power to a single customer could raise power bills in the region and cause grid reliability problems.
Houston-based Talen, however, reported a 17% fall in yearly operating revenue to $2.12 billion.
The company reported a net income attributable to stockholders of $998 million for the year ended December 31, up about 63%.
(Reporting by Tanay Dhumal in Bengaluru; Editing by Shounak Dasgupta)
((Tanay.Dhumal@thomsonreuters.com; Twitter: https://twitter.com/TanayDhumal))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。