Reports Q2 revenue $630M, consensus $462.75M. “The Talen team continued to execute in the second quarter. We expanded our relationship with Amazon to 1.9 GWs and announced the strategic acquisition of Freedom and Guernsey. This further enables Talen’s ability to offer reliable, grid-supported and regionally diverse capacity to hyperscale data centers and other large commercial off-takers. The Freedom and Guernsey acquisitions expand Talen’s fleet and are expected to unlock material value on day one,” said CEO Mac McFarland. “Today we are reporting Talen’s second quarter results, earning $90 million of Adjusted EBITDA and $(78M) of Adjusted Free Cash Flow, which reflects the extended Susquehanna outage. In June, we began earning RMR revenues under our commitment to support grid reliability in Maryland and higher capacity revenues with the start of the PJM 2025/2026 Capacity Year. We are reaffirming 2025 guidance.”
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