
Shares of utility Talen Energy TLN.O rise 11.7% to $418.6 premarket
Power producer says it will buy about 2.6 gigawatts of natural gas-fired generation capacity from private equity firm Energy Capital Partners for $3.45 billion
Says deal comprises about $2.55 billion in cash and roughly $900 million in stock
17 of 18 analysts rate TLN "strong buy" or "buy" and 1 "hold"; median PT is $444.61 - data compiled by LSEG
Stock gained ~86% in 2025