Talen Energy

Pennsylvania's Susquehanna plant, a 2.5-gigawatt nuclear station among the largest in the country, is mostly owned by Talen Energy, a major nuclear operator among America's independent power producers. Talen sells that electricity into wholesale markets rather than to captive utility customers, so its earnings swing with power prices. The company was formed in 2015 out of PPL's generation fleet, went through bankruptcy, and re-emerged as a leaner operator. What put it on investors' radar was a 2024 deal to sell an adjacent data-center campus to Amazon and supply it with power straight from the reactor, an early example of tech companies buying nuclear output to feed AI computing. That arrangement reframed Talen as a way to own round-the-clock carbon-free generation at a moment when electricity demand from data centers is climbing. It is headquartered in Houston, Texas.

On MyRWA, TLN trades tokenized across 1 on-chain venue - see the listings below.