Professional
Added to YB: 2024-07-24
Pitch date: 2024-07-23
TLN [bullish]
Talen Energy Corporation
+179.7%
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
$127.41
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
LVS Advisory Portfolio Holding: Talen Energy Corporation
TLN: Nuclear power generator, 2.2GW plant + 8.4GW gas. Post-bankruptcy, clean balance sheet, new hedge strategy. IRA tax credits protect nuclear. Divesting non-core assets, uplisted to NASDAQ. Bullish nuclear outlook: scarce, baseload, carbon-free. Electricity demand growing (EVs, data centers). AWS deal: $650M, potential $255M EBITDA by 2034. Current run-rate $700M EBITDA. Strong mgmt, capital allocation.
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