An independent power producer and infrastructure company, Talen Energy operates approximately 10.7 gigawatts of generating capacity across the United States. The company produces and sells electricity, capacity, and ancillary services into wholesale power markets, with a diversified portfolio spanning nuclear, coal, natural gas, and oil-fired power plants. This asset base positions the company as a significant participant in the merchant power generation sector.
Talen Energy's revenue is primarily generated through the sale of electricity and capacity into regional transmission organization markets, with additional income from ancillary grid services. The company's nuclear assets provide a stable baseload generation component, while its natural gas and coal facilities offer operational flexibility to meet varying demand patterns across different market regions.
Headquartered in Houston, Texas, the company was incorporated in Delaware in 2014 and maintains operations across multiple electricity markets throughout the United States. The company operates as a merchant power generator, meaning it is not regulated as a vertically-integrated utility and instead competes directly in wholesale electricity markets rather than serving a captive retail customer base.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-4.79 | $-4.79 | -127.1% | |
| 2024 | $17.67 | $18.40 | +3781.3% | |
| 2015 | $-0.48 | $-0.48 | — |