Professional
Added to YB: 2024-10-30
Pitch date: 2024-10-28
TLN [bullish]
Talen Energy Corporation
+18.67%
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
EUR 11.2B
Pitch Price
EUR 185.30
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.
Read full article (1 min)