Earnings ·
Talen Energy Corporation reported second quarter 2026 results, posting a GAAP net loss attributable to stockholders of…
TLNTalen Energy Corp
Talen Energy Corporation reported second quarter 2026 results, posting a GAAP net loss attributable to stockholders of $(92) million and Adjusted EBITDA of $374 million. The company raised its full-year 2026 guidance for Adjusted EBITDA to $2,025–$2,225 million and Adjusted Free Cash Flow to $1,200–$1,350 million. Talen completed the Cornerstone Acquisition in June 2026, adding approximately 2.6 GW of generation capacity. In April 2026, it issued $4 billion in senior unsecured notes and used proceeds to redeem $1.2 billion of existing debt. The company repurchased 550,000 shares for approximately $200 million during the quarter. Talen Energy Corporation is an independent power producer and energy infrastructure company operating a fleet of nuclear and fossil fuel assets in the United States.