Company Overview

Business Description

Sector
Utilities
Industry
Utilities
Headquarters
United States of America US
Employees
1 880
IPO date
Jun 4, 2015

Talen Energy owns and runs large power plants that make electricity, mainly from natural gas and nuclear generation. It sells that power into wholesale markets rather than to households, so its customers are utilities, power traders, and large business users that buy electricity through contracts or market channels. In simple terms, Talen sits on the supply side of the power grid and turns fuel and plant operations into electric output that the market can buy.

The company makes money by selling electricity and related grid services, such as capacity and other products that help keep the power system reliable. Its earnings depend on how much power it can produce, the prices in the markets where it sells, and the costs of running its plants and buying fuel. Because it is a generator, not a regulated local utility, its results are tied more closely to market prices and plant performance.

What makes Talen different is that it owns a mix of generation assets that can supply power at scale and respond to grid needs, including baseload nuclear power and flexible gas-fired plants. That gives it a role as a behind-the-scenes supplier to the electricity system, helping balance supply and demand when customers need power most.

Talen Energy Corp Investor Relations

Address
2929 Allen Pkwy, Suite 2200
Houston, Texas
United States of America

Business Segments

Power generation

Talen Energy owns and runs power plants that make electricity from nuclear, natural gas, coal, and other fuels, then sells that power into wholesale electricity markets.

Customers

Utilities, power marketers, grid operators, and large commercial and industrial buyers that purchase electricity or related capacity and grid services.

Revenue Model

It earns money by selling electricity, capacity, and other market products under wholesale contracts or market prices.

Management

Mr. Mark Allen McFarland

CEO, President & Director

Biography unavailable

Mr. Terry L. Nutt

Chief Financial Officer

Biography unavailable

Mr. Andrew M. Wright

Chief Administrative Officer

Biography unavailable

Mr. John C. Wander

General Counsel & Corporate Secretary

Biography unavailable

Mr. Brad Berryman

Senior VP & Chief Nuclear Officer

Biography unavailable

Mr. Anthony Plagens

Senior VP & Chief Accounting Officer

Biography unavailable

Ms. Taryne Williams

Director of Corporate Communications

Biography unavailable

Mr. Dale Lebsack Jr.

Chief Fossil Officer

Biography unavailable

Mr. Tim Woodland

Senior Vice President Information Technology

Biography unavailable

Mr. Christopher Morice

Chief Commercial Officer

Biography unavailable

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