# Talen Energy

> Talen Energy is a U.S. independent power producer that operates nuclear and fossil-fuel plants, sells electricity and capacity into competitive markets, and supplies large customers through long-term contracts. Its Susquehanna nuclear station anchors an expanded Amazon agreement for up to 1,920 MW through 2042.

- **Founded:** 2015
- **Headquarters:** Houston, United States
- **Founders:** PPL Corporation (Corporate co-creator; spun off competitive generation business), Riverstone Holdings (Corporate co-creator; contributed competitive generation businesses)
- **Products:** Wholesale electricity, Capacity and ancillary services, Long-term large-load power supply, Powered land and data-center development
- **Notable:** Completed Chapter 11 restructuring in May 2023, reducing TES debt by approximately $2.7 billion., Sold Cumulus data-center campus to AWS for $650 million in March 2024., Expanded Amazon nuclear PPA to 1,920 MW at full quantity in June 2025.

## Products & services

- **Wholesale electricity** — Electricity from nuclear, natural-gas, coal and oil generation sold into U.S. competitive power markets.
- **Capacity and ancillary services** — Market products supporting resource availability and power-system operation.
- **Long-term large-load power supply** — Contracted electricity supply for data centers and other large customers; the expanded Amazon PPA reaches 1,920 MW at full quantity through 2042.
- **Powered land and data-center development** — Development of generation-adjacent land and contracting options; the Cumulus campus was sold to AWS in 2024.

## Achievements

- Completed Chapter 11 restructuring in May 2023, reducing TES debt by approximately $2.7 billion.
- Sold Cumulus data-center campus to AWS for $650 million in March 2024.
- Expanded Amazon nuclear PPA to 1,920 MW at full quantity in June 2025.
- Completed Freedom and Guernsey plant acquisitions in November 2025.
- Completed Cornerstone acquisition in June 2026.

## Latest updates

- **2026-09** — Named Terry Nutt the next CEO effective January 1, 2027, and announced $1.5 billion accelerated share repurchases and a $3.0 billion repurchase program through 2028.
- **2026-08** — Reported Q2 adjusted EBITDA of $374 million and GAAP net loss attributable to stockholders of $92 million; raised 2026 adjusted EBITDA guidance to $2.025-$2.225 billion.
- **2026-06** — Completed acquisition of Lawrenceburg, Waterford and Darby for approximately $3.5 billion in cash and stock.

## Links

- Website: https://www.talenenergy.com/
- LinkedIn: https://www.linkedin.com/company/talenenergy/
- Twitter/X: https://twitter.com/talenenergy
- Facebook: https://facebook.com/Talen-Energy-862145650519104/

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Profile page: https://yespress.io/talen-energy
Published by YesPress — https://yespress.io
Last updated: 2026-10-22