Talen Energy rises after announcing $3.5 bln deal for power stations
ReutersJul 17, 2025 8:27 PM
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
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