earnings
confidence high
sentiment positive
materiality 0.75
Talen Energy Q2 Adj. EBITDA $374M, raises 2026 guidance to $2,025-2,225M
Talen Energy Corp
- GAAP net loss of $92M; Adjusted EBITDA of $374M and Adjusted Free Cash Flow of $212M.
- Completed Cornerstone Acquisition (Waterford, Darby, Lawrenceburg) in June 2026.
- Raising 2026 Adjusted EBITDA guidance to $2,025-2,225M and AFFO to $1,200-1,350M.
- Repurchased 550,000 shares for ~$200M; $1.7B remaining under SRP through Dec 2028.
- Cleared >10 GW in PJM 2028/2029 BRA at $325/MWd for MAAC, PPL, RTO areas.