Talen Energy Corporation is trading 7.1% up today at $413.63, extending a sharp multi-day rally following its completion of a $3.45 billion acquisition of Western PJM generation assets. - The acquisition, announced on June 15, 2026, includes the Lawrenceburg Power Plant, Waterford Energy Center, and Darby Generating Station, and is expected to be immediately accretive, adding over 15% to cash flow per share. - Concurrently, Talen also upsized its credit facilities, enhancing liquidity and extending maturity.