---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-008641"
form_type: "8-K"
ticker: "TLN"
cik: "0001622536"
company_name: "Talen Energy Corp"
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T01:56:38.672514+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Talen Energy FY2024 Adj EBITDA $770M beats midpoint; repurchased 22% of shares

## Summary
- GAAP Net Income $998M; Adjusted EBITDA $770M and Free Cash Flow $283M exceeded 2024 guidance midpoints.
- Reaffirming 2025 Adjusted EBITDA guidance $925-1,175M and 2026 outlook $1,130-1,530M, unchanged.
- Reached RMR settlement for Brandon Shores and H.A. Wagner through May 2029; annual payments $145M and $35M.
- Repurchased ~13M shares (22% of outstanding) in 2024 for $1.95B; $1.1B repurchase capacity remaining.
- Total liquidity $1.2B as of Feb 21, 2025; net leverage ~3.3x, below 3.5x target.

## SEC filing metadata
- accession: 0001628280-25-008641
- form_type: 8-K
- ticker: TLN
- cik: 0001622536
- company_name: Talen Energy Corp
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622536/000162828025008641/0001628280-25-008641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622536/000162828025008641/tln-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-008641
- JSON: https://secwatch.observer/filing/0001628280-25-008641.json
- Plain text: https://secwatch.observer/filing/0001628280-25-008641.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.