TALEN ENERGY CORPORATION TLN

Lengthy Nuclear Regulatory Oversight May Offset Talen’s Flex

[mdanese]

Talen Energy’s plans to construct a 100-megawatt digital currency-mining facility to boost utilization at its Susquehanna, Pa., nuclear facility has investors questioning how the company will raise capital to build the data center. As discussed by Covenants by Reorg, one potential move would be to transfer assets from the company’s restricted subsidiaries to unrestricted subsidiaries and then issue new debt or obtain a loan secured by those assets. Read more of our expert analysis here: https://reorg.com/talen-energy-flexibility/

[mdanese]

Updating the Talen situation, things are heating up in Talen Energy as creditors organize in anticipation of a potential restructuring built around a transfer of its Susquehanna nuclear facility to an unrestricted subsidiary that would secure new financing for the company’s new data center and crypto-mining initiatives. Read the full update here: https://reorg.com/talen-energy