Talen Energy Lifts Guidance. Stock Is Rising Even

Talen Energy Lifts Guidance. Stock Is Rising Even After Amazon Nuclear Deal Fell Through.
Talen’s stock is rising after the electricity producer lifted the lower end of its Ebitda and free cash flow guidance.
Talen Energy says may ask FERC to reconsider rejection of Amazon nuclear deal
Talen Energy (NASDAQ:TLN) +2.8% in Thursday's trading after saying it may file a new motion with the Federal Energy Regulatory Commission to seek approval of its agreement to supply more electricity to an Amazon data center connected to its nuclear power plant in Pennsylvania.
Talen eyes options for Amazon data center after regulator rejection
The Federal Energy Regulatory Commission this month struck down the deal to increase the capacity of the data center at Talen's Susquehanna plant to 480 megawatts from 300 megawatts, noting that diverting power to a single customer could raise power bills in the region and cause grid reliability problems.
Nuclear Hitch: Can FERC Rejection Threaten Data Center Power Deals?
The Federal Energy Regulatory Commission voted 2-1 to reject a request by plant owner Talen Energy and PJM to transfer some 480 MW of power to help support a new data center
Is Talen Energy stock still a buy after FERC blocks Amazon deal?
Discover if Talen Energy (TLN) remains a buy after FERC's Amazon deal block. Analyze key price levels and future prospects.
Nuclear Company Reports Earnings Fresh Off Regulators Rejecting Amazon Deal
Talen Energy reports third-quarter earnings and revenue early Thursday, giving investors a chance to hear from the company after federal regulators recently rejected a $650 million nuclear deal between Talen and Amazon.
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Talen Energy price target raised to $225 from $180 at Oppenheimer
Oppenheimer analyst Ian Zaffino raised the firm’s price target on Talen Energy (TLN) to $225 from $180 and keeps an Outperform rating on the shares post the Q3 report. Despite the negative Federal ...
Talen Energy beats third-quarter core profit estimates on higher rates
U.S. utility firm Talen Energy beat Wall Street estimates for third-quarter core profit on Thursday, helped by higher electricity rates and resilient demand for power.
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Talen Energy Swings to 3Q Profit on Improving Investment Returns
Talen Energy swung to a profit in its latest quarter as certain investments improved with stronger equity markets and declining interest rates. The power producer logged net income attributable to ...
Talen Energy Reports Third Quarter 2024 Results, Raises and Narrows 2024 Guidance and Reaffirms 2025 Guidance
Raising and narrowing 2024 guidance ranges: Adjusted EBITDA of $750 to $780 million and Adjusted Free Cash Flow of $265 to $285 million. Reaffirming 2025 guidance ranges: Adjusted EBITDA of $925 to $1 ...
Regulations Are Making It Harder To Meet the Nation's Power Demands
The Federal Energy Regulatory Commission (FERC) recently rejected a request to increase power generation for a data center ...
Talen Energy: Q3 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Talen Energy (TLN) on Thursday reported third-quarter profit of $168 million. On a per-share basis, the Houston-based company said it had net income of $3.16. Earnings, ...
Constellation Energy: Don't Fear The Change In Government (Rating Downgrade)
Constellation Energy Corporation stock has been volatile due to regulatory concerns, but power demand is growing. Click here ...
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Talen Energy: Susquehanna permitted to decrease amount of power supply provided
In a regulatory filing, Talen Energy (TLN) said that under a prior, FERC-accepted interconnection agreement between PJM, Susquehanna, and a subsidiary of PPL Corporation (PPL), Susquehanna is ...