Talen Energy Corporation will expand its portfolio by acquiring approximately 2.6 gigawatts of natural gas generation capacity from Energy Capital Partners. The assets include the Waterford Energy Center and Darby Generating Station in Ohio, and the Lawrenceburg Power Plant in Indiana. The $3.45 billion transaction is expected to close in the second half of 2026 and will be funded through a combination of $2.55 billion in cash and about $900 million in Talen stock. This move significantly increases Talen’s presence in the western PJM market and is expected to provide immediate and significant adjusted free cash flow per share accretion, with strong cash flow contributions projected through 2030.
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: GNW9626255-en) on January 15, 2026, and is solely responsible for the information contained therein.
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