No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 7, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Talen Energy secures $1.2bn in financing for two power plant acquisitions

by TheAdviserMagazine
2 hours ago
in Business
Reading Time: 2 mins read
A A
Talen Energy secures .2bn in financing for two power plant acquisitions
Share on FacebookShare on TwitterShare on LInkedIn


Talen Energy Supply, a subsidiary of Talen Energy Corporation, has secured $1.2bn in term loan B financing to support the acquisitions of two natural gas-fired combined cycle generation plants in the US.

This July, Talen agreed to acquire Caithness Energy’s Moxie Freedom Energy Center (Freedom Energy Center) in Pennsylvania and BlackRock’s Guernsey Power Station in Ohio, both located within the Pennsylvania-New Jersey-Maryland Interconnection market, for a net acquisition price of $3.5bn.

The Freedom Energy Center is a natural gas-fired combined cycle generation plant with a capacity of 1,045MW, situated in Luzerne County.

Located in Guernsey County, meanwhile, the Guernsey Power Station is a natural gas-fired combined cycle generation facility with a capacity of 1,836MW.

Talen has also received commitments to increase its revolving credit facility from $700m to $900m and its standalone letter of credit (LoC) facility from $900m to $1.1bn.

Additionally, the maturity of the standalone LoC facility has been extended from December 2026 to December 2027.

The term loan B financing includes both upfront and delayed draw commitments to provide flexibility in funding the two acquisitions.

If one acquisition is completed by 17 July 2026, or extended to 17 January 2027, the delayed draw component will terminate if not used.

The company also stated that the consummation of the acquisitions is independent of each other, and there is no guarantee that the term financing or any aspect therefore will happen.

Talen Energy is an independent power producer with approximately 10.3GW of power infrastructure in the US, including 2.2GW of nuclear power and a fossil fleet.

“Talen Energy secures $1.2bn in financing for two power plant acquisitions ” was originally created and published by Power Technology, a GlobalData owned brand.

 

The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.



Source link

Tags: 1.2bnAcquisitionsenergyFinancingplantPowersecuresTalen
ShareTweetShare
Previous Post

Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

Next Post

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Related Posts

edit post
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

by TheAdviserMagazine
October 7, 2025
0

Sharran Srivatsaa, president of Acquisition.com and a former Goldman Sachs investment banker, recently shared a story on TikTok about how...

edit post
Previous winners of the Nobel Peace Prize

Previous winners of the Nobel Peace Prize

by TheAdviserMagazine
October 7, 2025
0

The winner of the 2025 Nobel Peace Prize will be announced on Friday in Oslo. Here are some of the...

edit post
Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

by TheAdviserMagazine
October 7, 2025
0

The Indian IT sector is under scrutiny as the earnings season kicks off. ET Now recently spoke with market expert...

edit post
KPMG chief on CEOs’ uncertainty on tariffs, the emerging AI ‘hourglass’ org shape and the thing ‘that honestly keeps me up at night’

KPMG chief on CEOs’ uncertainty on tariffs, the emerging AI ‘hourglass’ org shape and the thing ‘that honestly keeps me up at night’

by TheAdviserMagazine
October 7, 2025
0

KPMG’s CEO Outlook survey offers an annual look behind the curtain at the issues keeping the top business leaders up...

edit post
Aehr Test Systems signals broad-based AI market growth opportunities with .5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

by TheAdviserMagazine
October 6, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
Central banks keep buying yellow metal despite soaring price

Central banks keep buying yellow metal despite soaring price

by TheAdviserMagazine
October 6, 2025
0

Mumbai: Soaring gold prices have not deterred central banks from purchasing the precious metal as they resumed shopping in August,...

Next Post
edit post
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

edit post
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To 0,000

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Social Security Reforms Could Be on the Way—Here’s What Real Estate Investors Need to Know

Social Security Reforms Could Be on the Way—Here’s What Real Estate Investors Need to Know

0
edit post
The Pieces Of The Resolution The Democrats DON’T Want You To See

The Pieces Of The Resolution The Democrats DON’T Want You To See

0
edit post
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To 0,000

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

0
edit post
The Secrets to Wealth Building…Revealed At Last!

The Secrets to Wealth Building…Revealed At Last!

0
edit post
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

0
edit post
Talen Energy secures .2bn in financing for two power plant acquisitions

Talen Energy secures $1.2bn in financing for two power plant acquisitions

0
edit post
Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To 0,000

Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000

October 7, 2025
edit post
Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute

October 7, 2025
edit post
Talen Energy secures .2bn in financing for two power plant acquisitions

Talen Energy secures $1.2bn in financing for two power plant acquisitions

October 7, 2025
edit post
Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

October 7, 2025
edit post
Previous winners of the Nobel Peace Prize

Previous winners of the Nobel Peace Prize

October 7, 2025
edit post
Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

October 7, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000
  • Entrepreneur says Goldman Sachs once gave him 39 separate interviews to land the job—and the decisive conversation was less than a minute
  • Talen Energy secures $1.2bn in financing for two power plant acquisitions
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.