U.S. Stock Market Movement | Talen Energy (TLN.US) Surges over 18% to Hit Historic High on $3.5 Billion Acquisition of Two Gas Power Plants

Zhitong Finance APP learned that on Friday, Talen Energy (TLN.US) rose more than 18%, reaching a historical high of $313.37. On the news front, Talen Energy will acquire two circulating gas power plants in Pennsylvania and Ohio for $3.5 billion. The company stated that the deal is expected to increase free cash flow per share by over 40%, and by over 50% by 2029.