Professional
Added to YB: 2024-10-30
Pitch date: 2024-10-28
TLN [bullish]
Talen Energy Corporation
-2.22%
current return
Author Info
No bio for this author
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
$9.5B
Pitch Price
$182.02
Price Target
N/A
Dividend
N/A
Sector
Independent Power and Renewable Electricity Producers
Category
growth
Alluvial Capital Management Portfolio Holding: Talen Energy Corporation
TLN: Nuclear power producer up 150% YTD post-bankruptcy. Strong mgmt selling non-core assets, Amazon deal, buybacks. 2026 FCF guidance $10.50-$17.50/share, trading at 13.6x midpoint. $1.25B buyback (13% of shares) by 2026. Nuclear scarcity value benefits incumbents long-term.
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