HOUSTON, July 2, 2024 /PRNewswire/ — Talen Energy Corporation (“Talen” or the “Company”) (OTCQX: TLNE), announced today that the Company has received the requisite consents from holders of its common stock, par value $0.001 (“common stock”), for the re-election of each of the seven members of its Board of Directors (the “Board”) pursuant to the Company’s recent consent solicitation (the “Consent Solicitation”).
Effective as of July 2, 2024, the date on which the Company received certification of written consents representing a majority of its issued and outstanding common stock, Company nominees Stephen Schaefer, Mark “Mac” McFarland, Gizman Abbas, Anthony Horton, Karen Hyde, Joseph Nigro, and Christine Benson Schwartzstein were each elected to serve for an additional one-year term on the Board. After receiving certification of the requisite stockholder consents, the Company ended further action under the Consent Solicitation in accordance with the terms of the Consent Solicitation Statement, which was first mailed to the Company’s stockholders on May 31, 2024.
The Company expects to hold an annual meeting of its stockholders in the second quarter of 2025.
About Talen
Talen owns and operates approximately 10.7 gigawatts of power infrastructure in the United States. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, including PJM and WECC, with our generation fleet principally located in the Mid-Atlantic and Montana. Talen is headquartered in Houston, Texas. For more information visit https://www.talenenergy.com/.
Talen trades on the OTCQX® Best Market under the ticker “TLNE.” OTCQX companies meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Investors can find current financial disclosures and Real-Time Level 2 quotes for the Company on www.otcmarkets.com/stock/TLNE/overview.
Additional Information
For additional information and updates about Talen, please visit our Investor Relations webpage at https://talenenergy.investorroom.com, or contact:
Investor Relations:
Ellen Liu
Senior Director, Investor Relations
[email protected]
(281) 203-5435
Media:Taryne Williams
Director, Corporate Communications
[email protected]
(610) 601-0327
Forward-Looking Statements
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SOURCE Talen Energy Corporation
