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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

NRC Sets Public Meetings on New Reactor Licenses

LCG, July 10, 2001The Nuclear Regulatory Commission said yesterday that it would hold a two-day open meeting later this month to provide information about possible license applications for new commercial nuclear power plants.

The "workshop" will be held at the agency's Rockville, Md. headquarters on July 25 and 26.

The purpose of the workshop is to inform the public of current and proposed activities by the NRCstaff to prepare for possible future license applications, discuss opportunities available for publicparticipation during these licensing activities, and obtain views from the public on identified licensing issues, the agency said in a statement.

The NRC said it would discuss certification of nuclear power plant designs; the combined licenseapplication process which authorizes construction of a nuclear plant and specifies inspections, tests andanalyses that a licensee must perform before it can operate; construction inspection; reactivation ofconstruction permits for unfinished nuclear power plants; pre-application reviews which encourageearly interaction between applicants and vendors and the NRC; agency rulemaking activities; and NRCactivities, organizational development and staffing.

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