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TLN Talen Energy News Story

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UtilitiesAdventurousLarge CapNeutral

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;))

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