earnings
confidence high
sentiment positive
materiality 0.80
Talen Energy Q2 Adj EBITDA $90M, reaffirms guidance; expands Amazon deal to 1.9GW, acquires two gas plants
Talen Energy Corp
2025-Q2 EPS reported
-$1.38
revenue$1,020,000,000
- GAAP net income $72M, down from $454M YoY due to absence of ERCOT gain; Adjusted EBITDA $90M (+$3M).
- Adjusted Free Cash Flow use of $(78)M vs $(29)M in prior year due to higher cash taxes and Susquehanna outage capex.
- Reaffirmed 2025 guidance; plans to discuss 2026 guidance and 2027/2028 outlook at September 9 investor update.
- Signed definitive agreements to acquire Freedom Energy Center (PA) and Guernsey Power Station (OH); baseload gas plants in PJM.
- Expanded Amazon relationship to 1.9 GW for additional power to AWS; increased capacity revenues from PJM 2025/2026 capacity year start.
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