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Vanguard, Talen Energy's second-largest shareholder, revealed it purchased over 4 million shares of the utility's common stock. As of October, the asset manager owned about 9.9% of its outstanding ...
Talen Energy is an independent power ... PPL shareholders owned 65% of Talen's common stock and ... citing grid reliability issues along with price increases of ...
Amazon share prices are down 1.6% through 12:10 p.m. ET on the news, and Talen stock fell 4.5%. The stocks of other, more speculative, nuclear energy companies that had been riding a wave of ...
Talen said it has agreed to continue to supply long-term, carbon-free power to the data center campus from the Susquehanna plant "through fixed-price power commitments." According to Talen Energy ...
Shares were 19.9% higher as of 12:40 p.m. ET Monday after reports that the Federal Energy Regulatory Commission (FERC) rejected a request to increase the amount of power from a nuclear plant.
PPL operated the plant until June 2015 when Talen Energy was formed from PPL's competitive supply business. The plant has two General Electric boiling water reactors within a Mark II containment building [2] on a site of 1,075 acres (435 ha), with 1,130 employees working on site and another 180 employees in Allentown, Pennsylvania.
Talen Energy assumed ownership of the plant on June 1, 2015, when the company was established as the combination of Riverstone Holdings, LLC with PPL Corporation's spun off power generation business. As a condition of the merger, Talen was required by FERC to sell about 1,300 MW of generation in the PJM region to avoid dominating the market. [ 6 ]
NEW YORK (Reuters) -Talen Energy is focused on capturing surging demand from data center developers as the independent power company looks to pivot away from its crypto mining operation, company ...