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Talen Energy Reports Second Quarter 2016 Results (EAP - Energy Association of Pennsylvania)

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(Source: EAP - Energy Association of Pennsylvania) Talen Energy Reports Second Quarter 2016 Results ALLENTOWN, Pa., Aug. 4, 2016 /PRNewswire/ -- 2016 Financial Results (in millions) Three Months Ended Six Months Ended June 30, 2016 June 30, 2016 Net Income (Loss) $ (3) $ 148 Adjusted EBITDA 132 367 Cash from Operations 207 Adjusted Free Cash Flow 67 2016 Guidance Ranges · Adjusted EBITDA projection affirmed at $655-$855 million; Adjusted Free Cash Flow projection affirmed at $260-$460 million Operating and Commercial Highlights · Merger transaction with affiliates of Riverstone Holdings LLC on schedule, expected to close by the end of 2016· Natural gas co-firing projects for about 3,000...

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