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Talen CEO says Amazon is investing 'sweat equity' at its data center next door to the Susquehanna nuclear plant

  • Talen Energy CEO, Mac McFarland, is confident in the power deal with Amazon for its data center located next to the Susquehanna nuclear power plant.
  • Despite regulatory challenges, Talen Energy forges ahead with the power agreement and mentions Amazon's investment of 'sweat equity' into the deal.
  • Talen has an existing relationship with Amazon Web Services, providing 300 megawatts of power, with potential to expand beyond the initial agreement.
  • Talen reported a net income of $998 million for 2024, but its shares have fallen by 7.3%.

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