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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

Vestas Receives Order for 3-MW Wind Turbines in Romania

LCG, January 21, 2008--Danish wind-turbine maker Vestas Wind Systems announced Friday that it received an order for sixty-seven, V90-3.0 MW wind turbines. The turbines are to be delivered to two wind projects in Romania during 2009 and 2010. The order includes delivery, installation and commissioning of the wind turbines, together with a long-term service agreement.

The two wind power projects are S.C. Ewind S.R.L. and S.C. Wind Power Park S.R.L., and the project developer is Monsson Alma S.R.L. The projects are located in the Constanta region of Romania.
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