(Source: EAP - Energy Association of Pennsylvania) Talen Energy Corp.'s first quarterly earnings as a stand-alone company stood out fairly well, the company CEO reported Tuesday. The Allentown-based power producer, which formed June 1 from plants owned by PPL Corp. and Riverstone Holdings LLC, posted second-quarter net income of $26 million, or 26 cents per share, doubling from $13 million and 13 cents a share for the same period a year ago. The company had revenue of about $1.07 billion for the quarter,...
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