Talen Energy Corporation Acquires Moxie Freedom Energy Center and Guernsey Power Station for $3.5 Billion

Reuters

07-18

<a href="https://laohu8.com/S/TLN">Talen Energy Corporation</a> Acquires Moxie Freedom Energy Center and Guernsey Power Station for $3.5 Billion

Talen Energy Corporation has announced definitive agreements to acquire Caithness Energy's Moxie Freedom Energy Center in Pennsylvania and Caithness Energy and BlackRock's Guernsey Power Station in Ohio. These combined-cycle gas-fired plants are located within the PJM power market. The acquisitions will expand Talen's fleet with high-efficiency, modern H-Class CCGTs, increasing their annual generation from approximately 40 TWh to 60 TWh. The transactions are expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals. RBC Capital Markets and Citi are serving as co-lead financial advisors to Talen, with Kirkland & Ellis LLP and White & Case LLP providing legal counsel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talen Energy Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9496490-en) on July 17, 2025, and is solely responsible for the information contained therein.

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These combined-cycle gas-fired plants are located within the PJM power market. The acquisitions will expand Talen's fleet with high-efficiency, modern H-Class CCGTs, increasing their annual generation from approximately 40 TWh to 60 TWh. The transactions are expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals. RBC Capital Markets and Citi are serving as co-lead financial advisors to Talen, with Kirkland &amp; Ellis LLP and White &amp; Case LLP providing legal counsel.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talen Energy Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9496490-en) on July 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0098860793.USD","symbol_name":"FRANKLIN INCOME \"A\" INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250717:nNDL63sMWy:1","article_id":"2552313634","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552313634","pubTimestamp":1752782483,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Talen Energy Corporation has announced definitive agreements to acquire Caithness Energy's Moxie Freedom Energy Center in Pennsylvania and Caithness Energy and BlackRock's Guernsey Power Station in Ohio. 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These combined-cycle gas-fired plants are located within the PJM power market. The acquisitions will expand Talen's fleet with high-efficiency, modern H-Class CCGTs, increasing their annual generation from approximately 40 TWh to 60 TWh. The transactions are expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approvals. RBC Capital Markets and Citi are serving as co-lead financial advisors to Talen, with Kirkland & Ellis LLP and White & Case LLP providing legal counsel.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talen Energy Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. 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