Talen Energy shares plunge as FERC rejects nuclear power agreement with Amazon

Power substation with insulators, power lines and blue sky

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Talen Energy’s (NASDAQ:TLN) shares tanked 14% in premarket trade on Monday, weighed down by the U.S. Federal Energy Regulatory Commission’s (FERC) rejection of an interconnection agreement with an Amazon (NASDAQ:AMZN) data center.

The amended interconnection deal would have supplied more power from Talen Energy’s (TLN) Susquehanna plant

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