Talen Energy Closes Acquisitions of Freedom and Guernsey Power Stations
Reuters
Nov 26
Talen Energy Closes Acquisitions of Freedom and Guernsey Power Stations
Talen Energy Corporation has completed the acquisitions of the Freedom Generating Station in Pennsylvania and the Guernsey Power Station in Ohio from Caithness Energy and BlackRock. The addition of these two highly efficient natural gas-fired plants expands Talen's portfolio by 2.9 gigawatts, enhancing its ability to provide reliable, low-carbon power to hyperscale data centers and large commercial customers within the PJM market. Talen funded the acquisitions through a combination of $2.7 billion in senior unsecured notes and a $1.2 billion senior secured term loan B credit facility, along with increased commitments on its revolving credit and letter of credit facilities. The company has indicated that the integration of the new assets will support its strategy of delivering reliable and efficient energy.
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: GNW9592237-en) on November 25, 2025, and is solely responsible for the information contained therein.
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