Talen Energy rises after announcing $3.5 bln deal for power stations
** Talen Energy's TLN.O shares rise ~15% to $304 in extended trading ** Talen to acquire Caithness Energy's Moxie Freedom Energy Center in Pennsylvania and Caithness and BlackRock's Guernsey Power Station in Ohio for $3.5 bln ** All the 12 brokerages covering the stock rated it at "buy" or higher; their median PT is $306 ** Including session moves, stock up 31% YTD (Reporting by Utkarsh Shetti in Bengaluru) ((UtkarshUmesh.Shetti@thomsonreuters.com;))
Recent news on Talen Energy
See all newsU.S. grid’s $1 trillion problem could equal a $1 billion payout for power CEOs
Brief: Talen Energy Completes Acquisition Of High-Quality Western PJM Generation Assets
Talen CEO lands $300 million-plus stock payout
Brief: US Energy Department Issues Order Allowing Talen Energy To Run Unit 4 At Wagner Generating Station in Maryland
Brief: Daniel Kelly Joins Talen As General Counsel And Corporate Secretary