BUZZ-Talen Energy rises on deal to acquire power stations for $3.5 billion

Reuters
07-18
BUZZ-Talen Energy rises on deal to acquire power stations for $3.5 billion

July 18 (Reuters) - ** Shares of power producer Talen Energy TLN.O rise 14% to $300.5 premarket

** Company said it is acquiring two power plants situated in Pennsylvania and Ohio for $3.5 billion

** Talen expects the move to boost the company's cash flow by over 40% in 2026

** Co will pay $1.46 billion in cash for Caithness Energy's Moxie Freedom Energy Center, in Pennsylvania, which controls 1,105 megawatts (MW) natural gas-fired combined cycle generation project

** TLN will pay $2.33 billion in cash for the 1,875 MW Guernsey power station in Ohio, which is owned by Caithness and BlackRock

** As of last day's close, stock up 31% YTD

(Reporting by Pranav Mathur)

((Pranav.Mathur@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10