Talen Energy reports clearing 8,745 MW in the PJM auction, generating $1.067 billion in revenue for 2027/2028.
Quiver AI Summary
Talen Energy Corporation has announced its successful clearance of 8,745 megawatts in the PJM Base Residual Auction for the 2027/2028 planning year, achieving a clearing price of $333.44 per megawatt-day, which translates to approximately $1,067 million in capacity revenues for that period. The planning year is set to run from June 1, 2027, to May 31, 2028. Talen Energy is a prominent independent power producer with about 13.2 gigawatts of power infrastructure across the U.S., including nuclear and fossil fuel generation. The company is focused on providing reliable, clean power, particularly as demand grows with the expansion of digital infrastructure and artificial intelligence data centers.
Potential Positives
- Talen Energy Corporation successfully cleared 8,745 megawatts in the PJM Base Residual Auction for the 2027/2028 planning year, indicating strong market demand for its capacity.
- The clearing price of $333.44 per megawatt-day represents a significant revenue opportunity, with estimated capacity revenues of approximately $1,067 million for the planning year.
- This auction result underscores Talen's position as a leading independent power producer in the competitive energy market.
- The company is well-positioned to meet the growing energy demands of industries such as artificial intelligence data centers, highlighting its strategic focus on clean and reliable power solutions.
Potential Negatives
- The press release emphasizes the reliance on forward-looking statements, which highlights uncertainty and risks that could impact the company's future performance significantly.
- The substantial risks and uncertainties mentioned could indicate potential challenges in meeting future financial targets or operational goals.
- The mention of integration of acquisitions suggests ongoing challenges in effectively merging operations, which could affect overall efficiency and financial performance.
FAQ
What were Talen Energy's results from the PJM Auction?
Talen Energy cleared 8,745 megawatts at $333.44 per megawatt-day, totaling approximately $1,067 million in capacity revenues.
What is the planning year for the PJM Auction results?
The planning year runs from June 1, 2027, through May 31, 2028.
How much power infrastructure does Talen Energy operate?
Talen Energy operates approximately 13.2 gigawatts of power infrastructure, including 2.2 gigawatts of nuclear power.
What markets does Talen Energy serve?
Talen Energy produces and sells electricity in wholesale U.S. power markets, primarily in the Mid-Atlantic, Ohio, and Montana.
Who can I contact for more information about Talen Energy?
You can contact Sergio Castro for investor relations or Taryne Williams for media inquiries via their emails provided in the press release.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TLN Insider Trading Activity
$TLN insiders have traded $TLN stock on the open market 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 have been sales.
Here’s a breakdown of recent trading of $TLN stock by insiders over the last 6 months:
- CAPITAL MANAGEMENT LP RUBRIC has made 0 purchases and 21 sales selling 388,530 shares for an estimated $114,091,989.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TLN Revenue
$TLN had revenues of $812M in Q3 2025. This is an increase of 24.92% from the same period in the prior year.
You can track TLN financials on Quiver Quantitative's TLN stock page.
$TLN Hedge Fund Activity
We have seen 306 institutional investors add shares of $TLN stock to their portfolio, and 237 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 2,202,188 shares (+107.8%) to their portfolio in Q3 2025, for an estimated $936,766,731
- FMR LLC added 1,067,936 shares (+1138.3%) to their portfolio in Q3 2025, for an estimated $454,278,615
- CASTLE HOOK PARTNERS LP added 935,376 shares (+inf%) to their portfolio in Q3 2025, for an estimated $397,890,242
- RUBRIC CAPITAL MANAGEMENT LP removed 903,131 shares (-20.0%) from their portfolio in Q3 2025, for an estimated $384,173,864
- SACHEM HEAD CAPITAL MANAGEMENT LP removed 774,600 shares (-57.2%) from their portfolio in Q3 2025, for an estimated $329,499,348
- STATE STREET CORP added 627,467 shares (+88.2%) to their portfolio in Q3 2025, for an estimated $266,911,912
- NORGES BANK added 564,432 shares (+4034.0%) to their portfolio in Q2 2025, for an estimated $164,119,892
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$TLN Analyst Ratings
Wall Street analysts have issued reports on $TLN in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 10/28/2025
- Morgan Stanley issued a "Overweight" rating on 10/28/2025
- Barclays issued a "Overweight" rating on 10/21/2025
- Melius Research issued a "Buy" rating on 09/10/2025
- Evercore ISI Group issued a "Outperform" rating on 09/09/2025
- UBS issued a "Buy" rating on 07/25/2025
- Jefferies issued a "Buy" rating on 07/18/2025
To track analyst ratings and price targets for $TLN, check out Quiver Quantitative's $TLN forecast page.
$TLN Price Targets
Multiple analysts have issued price targets for $TLN recently. We have seen 11 analysts offer price targets for $TLN in the last 6 months, with a median target of $441.0.
Here are some recent targets:
- Shahriar Pourreza from Wells Fargo set a target price of $445.0 on 11/06/2025
- David Arcaro from Morgan Stanley set a target price of $441.0 on 10/28/2025
- Nicholas Campanella from Barclays set a target price of $439.0 on 10/21/2025
- Jeremy Tonet from JP Morgan set a target price of $442.0 on 10/20/2025
- Angie Storozynski from Seaport Global set a target price of $496.0 on 10/08/2025
- Andrew Weisel from Scotiabank set a target price of $418.0 on 09/22/2025
- James West from Melius Research set a target price of $576.0 on 09/10/2025
Full Release
HOUSTON, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen,” “we,” or “our”) ( NASDAQ: TLN ), a leading independent power producer, today reported its results from the PJM Base Residual Auction for the 2027/2028 planning year. Talen cleared a total of 8,745 megawatts at a clearing price of $333.44 per megawatt-day across the PJM Interconnection Regional Transmission Organization, equating to approximately $1,067 million in capacity revenues for the 2027/2028 planning year. The planning year runs from June 1, 2027, through May 31, 2028.
About Talen
Talen Energy ( NASDAQ: TLN ) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 13.2 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet located in the Mid-Atlantic, Ohio and Montana. Our team is committed to generating power safely and reliably, delivering the most value per megawatt produced. Talen is also powering the digital infrastructure revolution. We are well-positioned to serve this growing industry, as artificial intelligence data centers increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit https://www.talenenergy.com/ .
Investor Relations:
Sergio Castro
Vice President & Treasurer
[email protected]
Media:
Taryne Williams
Director, Corporate Communications
[email protected]
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecasts,” “goal,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things, the integration of the Company’s acquisitions, including the Freedom and Guernsey acquisitions, and the anticipated performance of the combined company; capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources, accounting matters, expectations, beliefs, plans, objectives, goals, strategies, future events or performance, shareholder returns and underlying assumptions. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations and are subject to numerous factors that present considerable risks and uncertainties.