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Talen Energy Expands Its Portfolio in PJM by Acquiring 2,904-MW of Combined-Cycle Facilities

LCG, July 18, 2025--Talen Energy Corporation yesterday announced it has signed agreements to acquire Caithness Energy’s Moxie Freedom Energy Center (Moxie) in Pennsylvania and Caithness Energy and BlackRock’s Guernsey Power Station (Guernsey) in Ohio. Talen expects the transaction to be immediately accretive to free cash flow per share by over 40 percent in 2026, and over 50 percent through 2029. The net acquisition price is $3.5 billion after adjusting for estimated tax benefits, or approximately $3.8 billion gross.

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Brookfield and Google Sign Nationwide Hydro Framework Agreement to Deliver up to 3,000 MW of Carbon-Free Hydro Power

LCG, July 16, 2025--Brookfield Asset Management (BAM), together with Brookfield Renewable (Brookfield) and Google yesterday announced a first-of-its-kind Hydro Framework Agreement (HFA) to deliver up to 3,000 MW of carbon-free hydroelectric capacity across the nation

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Industry News

Rooftop Wind Farm Proposed by London Architects

LCG, May 30, 2001A wind farm of sorts could be coming to the priciest part of London if a plan by the Royal Institute of British Architects is adopted, and there are those who feel that wind turbines would not make good neighbors for Buckingham Palace, the Houses of Parliament, Hyde and St. James Parks, Downing Street, Westminster Abbey.

The architects would put two small (12-foot diameter) wind turbines on the roof of their six-story building in Portland Place, in the London borough of Westminster City, hoping to show the efficacy of wind power in an urban setting and also get some electricity.

There will be opposition to the plan. The Institute is housed in a listed building the British equivalent of a U.S. Historical Landmark and the turbines would be visible from the ground, leading some to predict a diminution of property values where British property values are highest. The turbines are also noisy, which could prove a distraction in the deliberations of government.

The British government has set a target of generating 10 percent of the UK's electricity needs from renewable resources by 2010, and the architects' proposal is in response to that objective.

The Institute said it considered solar power, but ruled it out as too expensive, so it submitted a planning application to the Westminster City Council for the wind turbines. If the borough turns the architects down, "It will be back to the drawing board," said a spokesman for the Institute.

There is also the question of whether there is enough wind in Westminster. Phil Horton, a spokesman for the British Centre for Alternative Technology, said "Cities are not necessarily the best place. The wind tends not to be strong. What you want is steady wind."

The Institute said it will measure the wind on its roof, probably in August. "We are very concerned with the idea of sustainability," said Baz Dickson, director of resources and development for the group. "The idea is that we will be able to demonstrate what can be done with wind power on a listed building, to serve as an example to others of how to reduce energy consumption in an urban environment."

If they get the green light, the architects expect to spend 50,000 ($70,000 U.S.) on the installation.

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