Successful Financing Transactions
Executed several financing transactions at attractive rates, including $2.7 billion of senior unsecured notes and a $1.2 billion senior secured term loan. Exceeded initial expectations as the credit market demonstrated demand for Talen paper.
Data Center Development and Partnerships
Signed an MOU with Eos Energy for battery development in Pennsylvania. Ongoing execution under existing agreements with AWS, with the Susquehanna site electrified and construction progressing rapidly.
Proactive Management and Strategic Growth
Continued pursuit of large load contracts and portfolio expansion. Reaffirmed 2026 guidance with positive market trends like increasing gas prices and load growth. Successfully closed a financing package for acquisitions.
Strong Liquidity Position
Maintained substantial liquidity with $1.2 billion available for working capital, including $490 million in cash.