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Talen Energy Expands Its Portfolio in PJM by Acquiring 2,904-MW of Combined-Cycle Facilities

LCG, July 18, 2025--Talen Energy Corporation yesterday announced it has signed agreements to acquire Caithness Energy’s Moxie Freedom Energy Center (Moxie) in Pennsylvania and Caithness Energy and BlackRock’s Guernsey Power Station (Guernsey) in Ohio. Talen expects the transaction to be immediately accretive to free cash flow per share by over 40 percent in 2026, and over 50 percent through 2029. The net acquisition price is $3.5 billion after adjusting for estimated tax benefits, or approximately $3.8 billion gross.

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Brookfield and Google Sign Nationwide Hydro Framework Agreement to Deliver up to 3,000 MW of Carbon-Free Hydro Power

LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation

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Industry News

Outage Follows Training Mishap in Sacramento County

LCG, Aug. 13, 2003--Had it been an actual emergency, a power outage affecting approximately 70,000 residences and companies of Sacramento County Tuesday morning would likely have occurred in much the same way as it did, following an accidental launch of a computer program that allows demand to be shed when supplies are tight.

Four employees were being trained on computer systems when one triggered a program that caused outages of about 10 minutes for some customers, although others present in the control room were able to respond to the situation nearly immediately. Some customers had power restored in about three minutes.

Approximately 15 percent of the Sacramento Municipal Utility District's customers had power outages stemming from the accident. The utility said that no disciplinary action would be taken in connection with the incident.
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