Acquisition ImpactThe acquisition of the two CCGTs is adding around $520 million EBITDA in 2026 and higher after that.
Financial PerformanceHigher PJM capacity prices should lead to approximately $200 million incremental annual EBITDA.
Growth PotentialTalen highlighted ~40% of upside potential to its free cash flow per share growth through its share repurchase program, accelerated AWS PPA, accretive M&A, and a new 1GW data center PPA.
Market PositioningTalen's asset breadth within the PJM region provides it multiple opportunities to sign meaningful long-term PPA agreements at attractive pricing.
Strategic AcquisitionThe acquisition of Moxie Freedom and Guernsey gas plants is expected to be immediately accretive to free cash flow per share by 40% to 50% over a few years.