Talen Energy (TLN) Gains Following Strategic Acquisition

The share price of Talen Energy Corporation (NASDAQ:TLN) surged by 16.94% between July 15 and July 22, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Talen Energy (TLN) Gains Following Strategic Acquisition

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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.

Talen Energy Corporation (NASDAQ:TLN) soared to an all-time high this week after the company announced a $3.8 billion deal to acquire two gas-fired plants from Caithness Energy and BlackRock. Natural gas has emerged as a primary candidate to power the AI boom, so the two plants, with a combined capacity of nearly 3 GW, will help Talen meet the growing power demand from data centers.

Talen Energy Corporation (NASDAQ:TLN) also made headlines last month after it was announced that Amazon had signed a deal with the utility to secure 1.92 GW of carbon-free electricity for AWS data centres.

Moreover, Talen Energy Corporation (NASDAQ:TLN) received a boost after President Trump recently announced an investment of more than $90 billion from private companies across tech, energy, and finance to turn Pennsylvania into a hub for artificial intelligence.

While we acknowledge the potential of TLN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TLN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.