Talen Energy expects ~$100M a year from capacity sale

Available on EDGAR 11/12/2026 - 08:30 AM EST Accepted by SEC EDGAR 11/12/2026 - 08:30 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Talen Energy Corporation (TLN) said its indirect wholly owned subsidiaries entered ordinary-course capacity sale transactions on November 9, 2026, with an investment grade counterparty in PJM. Guernsey Power Station LLC entered into two transactions for available installed capacity (ICAP) from Guernsey Power Station that converts to Unit-Specific Accredited Unforced Capacity (UCAP): 750 MW UCAP for PJM Delivery Years 2029/2030 through 2035/2036, and the remaining 588 MW UCAP for 2029/2030. The Guernsey County, Ohio, natural gas-fired combined-cycle plant has a summer rating of 1,836 MW.

The Guernsey 7-Year Capacity Sale is expected to generate approximately $100 million per year in revenue. Waterford Power, LLC separately entered into a capacity sale transaction for all UCAP from the Waterford Energy Center, an 869 MW combined-cycle gas turbine facility in Waterford, Ohio, for PJM Delivery Years 2029/2030 through 2031/2032. The capacity sale transactions are not subject to closing conditions.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Guernsey 7-Year Capacity Sale expected revenue: Approximately $100 million per year Guernsey capacity sale: 750 MW UCAP Remaining Guernsey capacity sale: 588 MW UCAP +2 more

5 metrics

Guernsey 7-Year Capacity Sale expected revenue Approximately $100 million per year PJM Delivery Years 2029/2030 through 2035/2036

Guernsey capacity sale 750 MW UCAP PJM Delivery Years 2029/2030 through 2035/2036

Remaining Guernsey capacity sale 588 MW UCAP PJM Delivery Year 2029/2030

Guernsey Power Station summer rating 1,836 MW Natural gas-fired combined-cycle plant in Guernsey County, Ohio

Waterford Energy Center capacity 869 MW Combined-cycle gas turbine facility in Waterford, Ohio

Key Terms

available installed capacity (ICAP), Unit-Specific Accredited Unforced Capacity (UCAP), PJM Delivery Years

3 terms

available installed capacity (ICAP) technical

"sale of available installed capacity (ICAP)"

Unit-Specific Accredited Unforced Capacity (UCAP) technical

"converts to Unit-Specific Accredited Unforced Capacity (UCAP)"

PJM Delivery Years technical

"for PJM Delivery Years 2029/2030 through 2035/2036"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much annual revenue is the Guernsey capacity sale expected to generate for TLN?

The Guernsey 7-Year Capacity Sale is expected to generate approximately $100 million per year in revenue for PJM Delivery Years 2029/2030 through 2035/2036.

What capacity transactions did TLN subsidiaries enter into?

Guernsey Power Station LLC entered into transactions for 750 MW UCAP for PJM Delivery Years 2029/2030 through 2035/2036 and the remaining 588 MW UCAP for 2029/2030. Waterford Power, LLC entered into a transaction for all UCAP from the Waterford Energy Center for PJM Delivery Years 2029/2030 through 2031/2032.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

FALSE000162253600016225362026-11-092026-11-09

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 9, 2026

Talen Energy Corporation

(Exact name of registrant as specified in its charter)

Delaware

001-37388

47-1197305

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

2929 Allen Pkwy, Suite 2200

Houston, TX 77019

(Address of principal executive offices) (Zip Code)

(888) 211-6011

(Registrant’s telephone number, including area code)

Not applicable

(Former name or, former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.001 per share

TLN

The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

On November 9, 2026, certain indirect wholly owned subsidiaries of Talen Energy Corporation, a Delaware corporation (the “Company”), entered into ordinary course capacity sale transactions with an investment grade counterparty in PJM. Specifically, the Company’s wholly owned indirect subsidiary, Guernsey Power Station LLC, a Delaware limited liability company (“Guernsey”), entered into two capacity sale transactions with the investment grade counterparty, for the sale of available installed capacity (“ICAP”) that converts to Unit-Specific Accredited Unforced Capacity (“UCAP”) from Guernsey Power Station, an 1,836 megawatts (“MW”) (summer rating) natural gas-fired combined cycle generation plant located in Guernsey County, Ohio, for (a) 750 MW UCAP for PJM Delivery Years 2029/2030 through 2035/2036 (the “Guernsey 7-Year Capacity Sale”); and (b) the remainder of 588 MW UCAP from Guernsey Power Station for PJM Delivery Year 2029/2030. In addition, the Company’s wholly owned indirect subsidiary, Waterford Power, LLC, a Delaware limited liability company (“Waterford”), entered into a capacity sale transaction with the investment grade counterparty for the sale of all UCAP from the Waterford Energy Center, an 869 MW combined cycle gas turbine facility located in Waterford, Ohio, for the PJM Delivery Years 2029/2030 through 2031/2032.

The Guernsey 7-Year Capacity Sale is expected to generate approximately $100 million per year in revenue. The capacity sale transactions are not subject to any closing conditions.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

									TALEN ENERGY CORPORATION
Date:			November 12, 2026			By:			/s/ Cole Muller
						Name:			Cole Muller
						Title:			Chief Financial Officer

2

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 1.7 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 21.1 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 12.2 KB