Talen Energy Lifts Guidance. Stock Is Rising Even

Talen Energy Lifts Guidance. Stock Is Rising Even After Amazon Nuclear Deal Fell Through.
Talen’s stock is rising after the electricity producer lifted the lower end of its Ebitda and free cash flow guidance.
Talen Energy says may ask FERC to reconsider rejection of Amazon nuclear deal
Talen Energy (NASDAQ:TLN) +2.8% in Thursday's trading after saying it may file a new motion with the Federal Energy Regulatory Commission to seek approval of its agreement to supply more electricity to an Amazon data center connected to its nuclear power plant in Pennsylvania.
Talen eyes options for Amazon data center after regulator rejection
The Federal Energy Regulatory Commission this month struck down the deal to increase the capacity of the data center at Talen's Susquehanna plant to 480 megawatts from 300 megawatts, noting that diverting power to a single customer could raise power bills in the region and cause grid reliability problems.
The Amazon-Talen Deal: Why It Was Stopped
Federal regulators blocked part of a plan for Talen Energy to sell nuclear power directly to an adjacent Amazon data center in Pennsylvania. How We Got Here The Amazon-Talen plans had accelerated interest in so-called behind-the-meter deals,
Is Talen Energy stock still a buy after FERC blocks Amazon deal?
Discover if Talen Energy (TLN) remains a buy after FERC's Amazon deal block. Analyze key price levels and future prospects.
US Regulator Rejects Amazon-Talen Nuclear Power Agreement
The top US energy regulator rejected a special deal that would have allowed an Amazon.com Inc. data center to use more power from an adjacent nuclear power plant.Most Read from BloombergIstanbul Tries Free Public Transit to Help Job SeekersThe Answer To Making Cities More Family-Friendly?
Nuclear Company Reports Earnings Fresh Off Regulators Rejecting Amazon Deal
Talen Energy reports third-quarter earnings and revenue early Thursday, giving investors a chance to hear from the company after federal regulators recently rejected a $650 million nuclear deal between Talen and Amazon.
Talen, Constellation and Vistra tumble after government rejects Amazon nuclear data center agreement
Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in ...
FERC’s Talen Energy-Amazon decision unlikely to impact NuScale data center plans: CEO
NuScale also expects its application before the NRC to uprate its reactor design from 50 MW to 77 MW to conclude by mid-2025, CEO John Hopkins noted during Thursday’s Q3 earnings call.
Constellation Energy: Don't Fear The Change In Government (Rating Downgrade)
Constellation Energy Corporation stock has been volatile due to regulatory concerns, but power demand is growing. Click here ...
Talen Energy beats third-quarter core profit estimates on higher rates
U.S. utility firm Talen Energy beat Wall Street estimates for third-quarter core profit on Thursday, helped by higher electricity rates and resilient demand for power.
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Talen Energy price target raised to $225 from $180 at Oppenheimer
Oppenheimer analyst Ian Zaffino raised the firm’s price target on Talen Energy (TLN ... Despite the negative Federal Energy Regulatory Commission interconnection service agreement decision, ...
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What the FERC Amazon data center slapdown means for nuclear
The commission’s ruling against linking the technology giant’s facility with a Pennsylvania reactor spurred a drop in nuclear ...