Professional
Added to YB: 2024-11-05
Pitch date: 2024-10-31
TLN [bullish]
Talen Energy Corporation
+13.55%
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
$8.9B
Pitch Price
$181.50
Price Target
326.45 (+58%)
Dividend
N/A
Sector
Independent Power and Renewable Electricity Producers
Category
value
Apis Global Discovery Fund Portfolio Holding: Talen Energy Corporation
TLN: Independent power producer with 10.7 GW capacity, 2.2 GW nuclear. IRA PTC sets $40/MWh floor vs $23/MWh costs. Amazon PPA at $70/MWh premium. 2026 targets: 8x EV/EBITDA, 12x FCF. Upside from data center demand, PPAs. 14% shares repurchased, 15% more authorized. 80% upside to replacement cost.
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