Professional
Added to YB: 2024-04-24
Pitch date: 2024-04-23
TLNE [bullish]
Talen Energy Corporation
+276.11%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
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
$94.75
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
Alluvial Capital Fund Portfolio Holding: Talen Energy Corporation
TLNE: Sold data center to AMZN, deal to supply carbon-free power. Divested TX fossil fuel assets to CPS Energy. Ample capital for shareholder returns. Major exchange uplisting on track. Expects more asset sales to focus on nuclear. High-quality assets make TLNE an attractive acquisition target.
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