[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  George Koutalidis [@geokoutalidis](/creator/twitter/geokoutalidis) on x 32.2K followers Created: 2025-07-18 13:34:34 UTC $TLN Talen Energy (NASDAQ:TLN) +14.8% post-market Thursday after saying it agreed to acquire a power plant in Pennsylvania and another in Ohio for ~$3.5B after adjusting for estimated tax benefits. Talen (NASDAQ:TLN) said it will purchase Caithness Energy's Moxie Freedom Energy Center in Pennsylvania and Caithness Energy and BlackRock's (BLK) Guernsey Power Station in Ohio, both combined-cycle gas-fired plants located in the PJM power market. The company said the net purchase price reflects an acquisition multiple of 6.7x 2026 EV/EBITDA for "two of the most efficient natural gas plants in PJM," and it expects the deals will be immediately accretive to free cash flow per share by more than XX% in 2026 and more than XX% through 2029. Talen (NASDAQ:TLN) said it will issue ~$3.8B in new debt to fund the acquisitions and refinance target debt, using both secured and unsecured instruments. "The addition of the facilities to Talen's portfolio enhances Talen's ability to offer reliable, scalable, grid-supported and regionally diverse low-carbon capacity to hyperscale data centers and large commercial offtakers," the company said. XXXXX engagements  **Related Topics** [guernsey](/topic/guernsey) [tax bracket](/topic/tax-bracket) [$35b](/topic/$35b) [coins energy](/topic/coins-energy) [$tln](/topic/$tln) [Post Link](https://x.com/geokoutalidis/status/1946201934878126497)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
George Koutalidis @geokoutalidis on x 32.2K followers
Created: 2025-07-18 13:34:34 UTC
$TLN Talen Energy (NASDAQ:TLN) +14.8% post-market Thursday after saying it agreed to acquire a power plant in Pennsylvania and another in Ohio for ~$3.5B after adjusting for estimated tax benefits.
Talen (NASDAQ:TLN) said it will purchase Caithness Energy's Moxie Freedom Energy Center in Pennsylvania and Caithness Energy and BlackRock's (BLK) Guernsey Power Station in Ohio, both combined-cycle gas-fired plants located in the PJM power market.
The company said the net purchase price reflects an acquisition multiple of 6.7x 2026 EV/EBITDA for "two of the most efficient natural gas plants in PJM," and it expects the deals will be immediately accretive to free cash flow per share by more than XX% in 2026 and more than XX% through 2029.
Talen (NASDAQ:TLN) said it will issue ~$3.8B in new debt to fund the acquisitions and refinance target debt, using both secured and unsecured instruments.
"The addition of the facilities to Talen's portfolio enhances Talen's ability to offer reliable, scalable, grid-supported and regionally diverse low-carbon capacity to hyperscale data centers and large commercial offtakers," the company said.
XXXXX engagements
Related Topics guernsey tax bracket $35b coins energy $tln