Company Talen Energy Corporation

Equities

TLNE

US87422Q1094

Independent Power Producers

Market Closed - OTC Markets 03:59:59 2024-05-17 pm EDT 5-day change 1st Jan Change
108 USD -0.04% Intraday chart for Talen Energy Corporation +1.13% +68.69%

Business Summary

Talen Energy Corporation is an independent power producer and infrastructure company. The Company owns and operates approximately 10.7 gigawatts of power infrastructure in the United States. The Company produces and sells electricity, capacity, and ancillary services into wholesale United States power markets, including PJM and WECC, with its generation fleet principally located in the Mid-Atlantic and Montana. While the majority of its power is already generated at zero-carbon nuclear and lower-carbon gas-fired facilities, it is reducing the carbon profile of its wholly owned coal fleet through conversion to lower-carbon fuels. Its plants generate power using a variety of fuels, ranging from zero-carbon energy like nuclear to gas, coal and oil, with some possessing dual fuel switching capabilities. In addition, the Company is developing a hyperscale data center campus adjacent to its Susquehanna nuclear plant that utilizes the carbon-free energy that Susquehanna generates.

Number of employees: 4,981

Sales per Business

USD in Million2022Weight2023Weight Delta
PJM
84.8 %
- - 2,166 84.8 % -
ERCOT and WECC
15.3 %
- - 390 15.3 % -
Corporate, Development, and Other
-0.1 %
- - -2 -0.1 % -

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
238 100.0 % 2,554 100.0 % +973.11%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 23-04-30
Director of Finance/CFO - 23-06-30
Chief Tech/Sci/R&D Officer - 16-12-31
Chief Administrative Officer 57 23-05-31
Investor Relations Contact - -
General Counsel - 23-05-31
Comptroller/Controller/Auditor - 17-08-31
General Counsel - -

Members of the board

Members of the board TitleAgeSince
Chairman 60 -
Director/Board Member 63 23-05-16
Chief Executive Officer 54 23-04-30
Director/Board Member 51 23-04-30
Director/Board Member 59 23-05-16
Director/Board Member - 23-05-16
Director/Board Member - 23-05-16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 128,545,447 128,335,860 ( 99.84 %) 0 99.89 %
Stock B 1 58,535,843 58,535,843 ( 100.00 %) 0

Shareholders

NameEquities%Valuation
Rubric Capital Management LP
23.35 %
13,782,411 23.35 % 1 349 M $
Nuveen Asset Management LLC
10.88 %
6,425,151 10.88 % 629 M $
Monarch GP LLC
6.375 %
3,763,096 6.375 % 368 M $
Citadel Advisors LLC
5.675 %
3,349,853 5.675 % 328 M $
W.H. Reaves & Co., Inc.
1.479 %
873,105 1.479 % 85 M $
Riverstone Holdings LLC
1.412 %
833,701 1.412 % 82 M $
Capital Research & Management Co. (Fixed Income Investors)
0.8926 %
526,895 0.8926 % 52 M $
Cooper Creek Partners Management LLC
0.7861 %
464,000 0.7861 % 45 M $
Purpose Investments, Inc.
0.2120 %
125,131 0.2120 % 12 M $
Ancora Family Wealth Advisors LLC
0.0754 %
44,490 0.0754 % 4 M $

Company contact information

Talen Energy Corp.

2929 Allen Parkway 22nd Floor

77019, Houston

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http://www.talenenergy.com
address Talen Energy Corporation(TLNE)
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