Talen Completes Purchase of M-U Gas-Powered Plants in PA, OH

In July, MDN told you that Talen Energy, a leading energy producer in the U.S., which owns and operates approximately 10.7 gigawatts (GW) of power infrastructure, had announced the acquisition of two gas-fired power plants: one located near Wilkes-Barre in northeastern Pennsylvania, and the other in Guernsey County, in eastern Ohio (see Talen Energy Buys 2 M-U Gas-Powered Plants in PA, OH for $3.8B). These types of transactions require approval from the federal government. Last week, Talen announced that both FERC (Federal Energy Regulatory Commission) and the DOJ (U.S. Department of Justice) had approved the transaction (see Talen Energy Gets Fed OK to Buy 2 M-U Gas-Powered Plants in PA, OH). And now, the deal is done.

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