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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

Texas' Comanche Peak Nuke Off Line

LCG, June 7, 2002--Unit 2 of the TXU Energy nuclear plant Comanche Peak, in Texas, is not producing for the grid today, after going off line late yesterday.

According to a company spokesman, the original reason for the shutdown had been the detection of "high vibration in a main generator primary water pump shaft." However, after further examination, he said, "We now believe that it was a false reading on vibration ... We're now replacing that circuit card." He was not able to say until when the outage would last.

Unit 1 of the plant remains at full power as of today, according to a U.S. Nuclear Regulatory Commission status report. The owner of the plant, which is in Glen Rose, TXU Energy is a unit of TXU Corp., and as of the beginning of 2002, was the largest electric retailer in the US.
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