Utilities Scramble for Gas-Fired Capacity

Utilities Scramble for Gas-Fired Capacity

Talen Energy is following in the footsteps of utility peers Vistra and Constellation by spending billions of dollars acquiring gas generation assets to expand their capacity and grow market share in the growing power demand market. After spending about $3.5 billion to acquire gas generation capacity in Pennsylvania and Ohio back in July 2025, the company announced it spent another $3.5 billion to acquire two more gas facilities in Ohio. With the…

Another $3.5 Billion For Gas Power Generation

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Talen in deal to buy 2.6 GW of gas plants in PJM for $3.5B

The announcement comes amid a surge in power sector consolidation, as generators jockey to meet growing demand from data centers and electrification efforts.

Talen Energy stock whipsaws after $3.45 billion gas-plant deal as PJM power rules shift

New York, Jan 16, 2026, 19:56 EST — After-hours Talen Energy Corp (TLN) shares ended Friday down $47.36, or 11.3%, closing at $371.66 after swinging between $366.22 and $425.85. The shift happens as Washington presses PJM Interconnection, the largest U.S. power grid, to speed up solutions amid rising electricity demand driven by data centers. The White House called on PJM to hold an emergency power auction to lower blackout risks, warning demand…

Talen Picks Up Another 3 Gas-Fired Power Plants in PJM for $3.45B - Marcellus Drilling News

At the end of November, Talen Energy, a leading energy producer in the U.S. (owns and operates approximately 13.1 gigawatts (GW) of power infrastructure) completed the acquisition of two gas-fired power plants for $3.8 billion: one located near Wilkes-Barre in northeastern Pennsylvania, and the other in Guernsey County, in eastern Ohio (see Talen Completes Purchase...