Talen Energy Corp ( (TLN) ) has released its Q4 earnings. Here is a breakdown of the information Talen Energy Corp presented to its investors.
Talen Energy Corp is an independent power producer and energy infrastructure company based in Houston, Texas, operating approximately 10.7 gigawatts of power infrastructure in the United States, including nuclear and fossil fuel generation facilities.
In its latest earnings report for the full year 2024, Talen Energy Corp announced a GAAP net income attributable to stockholders of $998 million, with an adjusted EBITDA of $770 million and adjusted free cash flow of $283 million, surpassing the company’s 2024 guidance midpoints.
Key highlights from the report include the successful sale of the company’s data center campus to AWS, a major power agreement with AWS, and the sale of ERCOT assets, which contributed significant value returned to shareholders. The company also reached a settlement to continue operating its Brandon Shores and H.A. Wagner facilities through May 2029, ensuring grid reliability in Maryland. Additionally, Talen repurchased approximately 22% of its outstanding shares in 2024.
Looking ahead, Talen Energy reaffirms its 2025 guidance with an adjusted EBITDA range of $925 million to $1,175 million and an adjusted free cash flow range of $395 million to $595 million. The company’s management remains focused on maximizing shareholder value and maintaining a strong financial position with a net leverage target below 3.5x net debt-to-adjusted EBITDA.