Talen Energy raises FY2026 adjusted EBITDA forecast; shares rise
BUZZ-Talen Energy raises FY2026 adjusted EBITDA forecast; shares rise ** Shares of power producer Talen Energy TLN.O up 1.6% at $ 335 in extended trading
** TLN raises FY2026 adjusted EBITDA forecast to between $2.02 billion and $2.22 billion from prior range of $1.75 billion to $2.05 billion
** However, co reports Q2 net loss due to higher interest expense which offset increases in capacity revenues and energy and other revenues
** Co posts quarterly net loss of $92 million vs profit of $72 million a year earlier
** As of last close, TLN down 12% YTD
(Reporting by Dharna Bafna in Bengaluru)
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