08:06 AM EDT, 10/06/2025 (MT Newswires) -- Talen Energy ( TLN ) said Monday that its Talen Energy Supply subsidiary launched a $1.2 billion incremental term loan B financing.

The company also said it received commitments to upsize its existing $700 million revolving credit facility to $900 million and its existing $900 million stand-alone letter of credit facility to $1.1 billion, as well as to extend the maturity of the latter to December 2027 from December 2026.

The company said it plans to use the net proceeds to fund the acquisition of two natural gas power plants in Pennsylvania and Ohio.