The power supply agreement with Amazon is likely to support the stock in the medium term
Reading Time: 1 minute
Talen Energy (NASDAQ: TLN), an independent power producer and infrastructure company, sells and generates electricity throughout the United States. Talen Energy has a diverse portfolio of solar, fossil fuel, nuclear, and coal power plants and is expanding its battery storage initiatives to drive the energy transition. In addition, Talen Energy is working closely with AWS to power a 960-MW data center campus at its Susquehanna nuclear power plant. 300 MW of the total capacity will be provided under a power purchase agreement, and the company is working...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
