Talen Energy Corporation Reports Earnings Results for the Full Year Ended December 31, 2023

Talen Energy Corporation is an independent power producer and infrastructure company. The Company owns and operates approximately 10.7 gigawatts of power infrastructure in the United States. The Company produces and sells electricity, capacity, and ancillary services into wholesale United States power markets, including PJM and WECC, with its generation fleet principally located in the Mid-Atlantic and Montana. While the majority of its power is already generated at zero-carbon nuclear and lower-carbon gas-fired facilities, it is reducing the carbon profile of its wholly owned coal fleet through conversion to lower-carbon fuels. Its plants generate power using a variety of fuels, ranging from zero-carbon energy like nuclear to gas, coal and oil, with some possessing dual fuel switching capabilities. In addition, the Company is developing a hyperscale data center campus adjacent to its Susquehanna nuclear plant that utilizes the carbon-free energy that Susquehanna generates.