Talen Energy To Sell Its Renewable Energy Business

Talen Energy Corp said Friday that it has signed 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 megawatts of nameplate generating capacity. The portfolio includes landfill gas-to-energy, solar, wind and cogeneration projects.

The agreement is expected to close by the end of the year. – Nasdaq