10 Best Nuclear Energy Stocks to Buy Right Now

4. Talen Energy Corporation (NASDAQ:TLN)

Number of Hedge Funds Holders: 80

Talen Energy Corporation (NASDAQ:TLN) is included among the Best Utility Stocks in 2025. The company made headlines recently when it was announced that Amazon had signed a deal with the utility to secure 1.92 GW of carbon-free electricity for AWS data centers.

The electricity will be sourced from Talen’s Susquehanna nuclear plant and delivered under a long-term power purchase agreement through 2042, with potential for extension. The two companies will also explore constructing new small modular reactors within Talen’s Pennsylvania footprint, with the partnership also pursuing uprates to expand the nuclear plant’s energy output.

Mac McFarland, President and CEO at Talen Energy Corporation (NASDAQ:TLN), stated:

“Our agreement with Amazon is designed to provide us with a long-term, steady source of revenue and greater balance sheet flexibility through contracted revenues. We remain a first mover in this space and intend to continue to execute on our data centre strategy.”

It needs mentioning that Talen Energy Corporation (NASDAQ:TLN) already signed a deal with AWS last year to power a 960 MW data center for the cloud service provider. The first phase for up to 300 MW of power is in place, but the additional phases are under review by the Federal Energy Regulatory Commission.

Talen Energy Corporation (NASDAQ:TLN) has surged by more than 30% since the beginning of the year.

Talen Energy Corporation (NASDAQ:TLN) is a leading independent power producer and energy infrastructure company with 10.7 GW of generation assets, including 2.2 GW of nuclear power.