Talen Energy pays $3.45B for 2.6 GW of gas-fired power plants in Ohio and Indiana. Deal doubles generation output as AI data centers drive PJM demand.

Talen Energy Doubles Down on Data Center Power Play with $3.45B Gas Acquisition

Talen Energy pays $3.45B for 2.6 GW of gas plants, betting on data center power demand. Deal implies 6.6x EBITDA with 15%+ annual FCF accretion.

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Recent News about Talen Energy

Talen Energy Doubles Down on Data Center Power Play with $3.45B Gas Acquisition

Talen Energy Bets $3.45 Billion on AI Power Demand With PJM Gas Plant Acquisition