BRIEF-Talen Energy Continues Portfolio Expansion With Acquisition Of Additional High-Quality Pjm Natural Gas Assets From Energy Capital Partners

Reuters01-15
BRIEF-Talen Energy Continues Portfolio Expansion With Acquisition Of Additional High-Quality Pjm <a href="https://laohu8.com/S/NGS">Natural Gas</a> Assets From Energy Capital Partners

Jan 15 (Reuters) - Bridgepoint Group PLC BPTB.L:

  • TALEN ENERGY CONTINUES PORTFOLIO EXPANSION WITH ACQUISITION OF ADDITIONAL HIGH-QUALITY PJM NATURAL GAS ASSETS FROM ENERGY CAPITAL PARTNERS

  • TALEN ENERGY CORP - TO ADD 2.6 GW NATURAL GAS CAPACITY

  • TALEN ENERGY CORP - ACQUISITION PRICE $3.45 BILLION WITH $2.55 BILLION IN CASH

  • TALEN ENERGY CORP - DEAL EXPECTED TO PROVIDE IMMEDIATE & SIGNIFICANT ADJUSTED FREE CASH FLOW PER SHARE ACCRETION IN EXCESS OF 15% ANNUALLY THROUGH 2030

  • TALEN ENERGY CORP: EXPECTS TO ISSUE NEW DEBT TO FUND CASH PORTION OF PURCHASE PRICE FOR DEAL

Source text: ID:nGNX2rQJx6

Further company coverage: BPTB.L

((Reuters.Briefs@thomsonreuters.com;))

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