Talen Energy (TLN) Gains Following Successful Acquisitions

The share price of Talen Energy Corporation (NASDAQ:TLN) surged by 7.74% between November 21 and November 28, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Talen Energy (TLN) Gains Following Successful Acquisitions

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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.

Talen Energy Corporation (NASDAQ:TLN) shot up on November 25 when the company announced that it had completed the acquisitions of the Freedom Generating Station in Pennsylvania and the Guernsey Power Station in Ohio, adding nearly 2.9 GW of baseload generation to its portfolio. The deals, valued at around $3.5 billion after adjusting for estimated tax benefits, will allow the company to offer additional reliable capacity to hyperscale data centers and large commercial offtakers.

Talen Energy Corporation (NASDAQ:TLN) also received a lift on November 21 when Seaport Research raised its price target on the stock from $496 to $505, while maintaining a ‘Buy’ rating on its shares. The update came in anticipation of the aforementioned transaction, along with sharply higher forward power prices in PJM.

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Disclosure: None.