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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

Exelon Power Moves Forward with New Power Plant in Texas

LCG, July 20, 2007--Exelon Power, a unit of Exelon Corporation, yesterday took a key step towards the construction of a 640-MW, gas-fired power plant in Texas by filing an air permit request with the Texas Commission on Environmental Quality (TCEQ).

The new, combined-cycle electric generating facility is proposed to be built at Exelon's Mountain Creek Generating Station in Dallas. The existing station consists of five fossil units with a capacity of 893 MW.

Exelon announced plans last September that it was exploring the addition of nuclear electric generating capacity in Texas. More recently, Exelon announced late last month that it had selected two potential sites near the Texas Gulf Coast for constructing a new reactor. The two sites are a 1,250-acre tract in Matagorda County near Palacios, and an 11,500 acre site south of Victoria. Exelon stated that a decision to construct the nuclear plant has not been made; however, Exelon plans to file an application with the Nuclear Regulatory Commission (NRC) next year.



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