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Talen Energy to Sell Renewable Energy Business

published: 2015-06-29 17:00

Talen Energy, a U.S.-based energy and power generation company, announced on June 26th an agreement to sell Talen Renewable Energy, LLC to funds managed by California-based Energy Power Partners.

The sale will include 25 projects in four states with a total of 65 MW of nameplate generating capacity. The portfolio includes landfill gas-to-energy, solar, wind and cogeneration projects. Subject to regulatory approvals, the agreement is expected to close by the end of the year.

Talen Energy has a diverse generating fleet that operates in developed, structured wholesale power markets.

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