NasdaqGS:TLNRenewable Energy
Talen Energy Deal Expands Gas Capacity And Undervalued Data Center Exposure
Talen Energy (NasdaqGS:TLN) agreed to acquire three gas fired power plants in Ohio and Indiana, expanding its generation footprint in key US markets.
The transaction adds modern natural gas capacity that is geared toward serving large scale data center operators and commercial customers.
The company expects the acquisition to roughly double its generation output and materially increase free cash flow per share.
Talen Energy comes into this deal with a share price of $366.43 and a 1 year...