Talen Energy has signed agreements to acquire 2.6 gigawatts of natural gas generation capacity from Energy Capital Partners for $3.45 billion. This acquisition includes the Waterford Energy Center, Darby Generating Station, and Lawrenceburg Power Plant, enhancing Talen's presence in the PJM market. The transaction is expected to be cash flow accretive and supports Talen's strategy to serve growing data center demand in Ohio.
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