Talen Energy jumped more than 11% on Thursday after announcing a $3.45B deal to acquire the Waterford Energy Center and Darby Generating Station in Ohio and the Lawrenceburg Power Plant in Indiana from Energy Capital Partners, adding ~2.6 GW of natural gas capacity.
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Eos Energy Enterprises saw its stock surge by over 8% after announcing a significant collaboration with Talen Energy and plans for a new $75 million factory
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Big tech’s AI-driven data center boom is fueling concerns over rising electricity costs.
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Talen Energy shares jumped 16.27% post-market after announcing plans to acquire two combined-cycle gas plants—Moxie Freedom Energy Center in Pennsylvania and Guernsey Power Station in Ohio—from Caithness Energy and BlackRock for ~$3.5B (after tax benefits).
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The U.S. Department of Energy (DoE) warned Monday that the projected surge in wind and solar deployment by 2030 will fall short of meeting the soaring electricity demand driven by data centers and artificial intelligence.
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Amazon Expands Nuclear Pact With Talen to Power AI Data Centers
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