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Added to YB: 2024-08-19

Pitch date: 2024-08-16

TLN [neutral]

Talen Energy Corporation

+168.02%

current return

Author Info

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Company Info

Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States.

Market Cap

$16.5B

Pitch Price

$132.96

Price Target

N/A

Dividend

N/A

EV/EBITDA

30.68

P/E

79.26

EV/Sales

8.10

Sector

Independent Power and Renewable Electricity Producers

Category

special_situation

Show full summary:
Catalyst Watch #2 - Talen Energy Corporation

TALN: FERC seeks more info on Susquehanna ISA, key for AMZN deal. PJM/TALN response due 9/2/24. ISA amendment crucial for 120-MW increments power sale to AWS data center. Regulatory uncertainty could impact AMZN agreement, affecting TALN's future revenue stream. Watch for PJM/TALN response and FERC's next steps.

Read full article (1 min)