Business
Talen Energy Reports Fourth Quarter and Full Year 2025 Results
Earnings Release Highlights Full year GAAP Net Loss Attributable to Stockholders of $(219) million.Full year Adjusted EBITDA of $1,035 million and Adjusted Free Cash Flow of $524 million.Completed the Freedom and Guernsey acquisitions in November 2025 which have increased the Company’s generating capacity by approximately 2.8 gigawatts (“GW”) and provides efficient baseload generation and cash flow diversification.Reaffirming 2026 Adjusted EBITDA and Adjusted Free Cash Flow guidance ranges of $1

About this update from Talen Energy Corporation
[{"type":"text","content":"Earnings Release Highlights","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Full year GAAP Net Loss Attributable to Stockholders of $(219) million.","length":71,"tagName":"p"}]},{"val":[{"type":"text","content":"Full year Adjusted EBITDA of $1,035 million and Adjusted Free Cash Flow of $524 million.","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"Completed the Freedom and Guernsey acquisitions in November 2025 which have increased the Company’s generating capacity by approximately 2.8 gigawatts (“GW”) and provides efficient baseload generation and cash flow diversification.","length":231,"tagName":"p"}]},{"val":[{"type":"text","content":"Reaffirming 2026 Adjusted EBITDA and Adjusted Free Cash Flow guidance ranges of $1,750 million - $2,050 million and $980 million - $1,180 million, respectively.","length":160,"tagName":"p"}]},{"val":[{"type":"text","content":"Signed definitive agreement to acquire the Waterford Energy Center (“Waterford”) and Darby Generating Station (“Darby”) each in Ohio and the Lawrenceburg Power Plant (“Lawrenceburg”) in Indiana (collectively, the “Cornerstone Acquisition”) from Energy Capital Partners (“ECP”). The Cornerstone Acquisition will add baseload generation and enhance Talen’s presence in the western PJM market.","length":390,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":940,"olType":false},{"type":"text","content":"HOUSTON, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen,” the “Company,” “we,” or “our”) (NASDAQ: TLN), a leading independent power producer, today reported its fourth quarter and full year 2025 financial and operating results.","length":247,"tagName":"p"},{"type":"text","content":"“In the last year, we expanded the Amazon PPA to 1,920 megawatts (“MW”), announced, financed, and closed on the accretive Freedom and Guernsey acquisitions, and announced the Cornerstone Acquisition which is expected to further diversify our baseload generation cash flows. Talen joined the Russell 1000, Russell 3000, and S&P 400 indices, as well as increased and extended our Share Repurchase Program to $2 billion through year end 2028. Today we are reporting Talen’s full year results, earning $1,035 million of Adjusted EBITDA and $524 million of Adjusted Free Cash Flow. We are reaffirming our 2026 guidance,” said Tal...