White & Case advises Talen Energy Supply on US$2.85 billion of credit facility transactions

Global law firm White & Case LLP has advised Talen Energy Supply (NASDAQ: TLN) on US$2.85 billion of credit facility transactions, consisting of an upsize of its revolving credit facility to US$1.35 billion, an upsize of its letter-of-credit facility to US$1.5 billion and a maturity extension of the letter-of-credit facility.

The closing of the credit facility transactions is conditioned upon the closing of Talen's previously announced acquisitions of 2,451 megawatts of capacity consisting of the Lawrenceburg Power Plant, the Waterford Energy Center and the Darby Generation Station.

Talen Energy is a leading independent power producer and energy infrastructure company dedicated to powering the future. Talen owns and operates approximately 13.1 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet.

The White & Case team was led by partners Yehuda Rubel, Justin Wagstaff and Andrew Weisberg, and included associates Ryan Talbott, Thomas Boulger (all in New York), Kennedy Plott (Chicago) and Ian Malesiewski (Miami).

Press contact
For more information please speak to your local media contact.