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Talen lands $1.3bn equity investment weeks after filing for bankruptcy

The cash will be used to help facilitate both balance sheet repair and provide equity capital to expand the business, especially its data centre arm.

By TTC Newsroom

3 Mins

June 06, 2022 | 12:03 AM BST

Talen Energy Corporation (TEC) said its subsidiary Talen Energy Supply (TES) has achieved two significant milestones outlined within its restructuring support agreement (RSA), which was initially announced on May 9.

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