AcquisitionThe acquisition of Moxie Freedom and Guernsey gas plants is expected to be immediately accretive to free cash flow per share by 40% to 50% over a few years.
Contract ExpansionTalen announced an upsizing of the contract between Amazon Web Services and the company's Susquehanna nuclear plant, indicating strong demand and business growth.
Financial PerformanceTalen Energy is reiterating its Outperform rating and has increased its price target to $372, reflecting strong expected growth.