Guiding Your Historic Deals
When Talen Energy (NASDAQ: TLN), an independent power producer and energy infrastructure company, needed guidance on the state regulatory and tax aspects of its power purchase agreement with Amazon for Talen to power Amazon Web Services data centers in Pennsylvania, the company relied on Cozen O’Connor.
Under the expanded nuclear energy partnership valued at approximately $18 billion for Talen over the 17-year term of the agreement, Talen will supply, at full contract quantity, up to 1,920 megawatts of electricity from its Susquehanna nuclear plant. Amazon plans to invest about $20 billion in data centers, which would be the largest private sector investment in Pennsylvania history and bring an anticipated 1,250 high-skilled jobs to the state. The partnership will be in place until 2042 and will provide Talen with a steady, long-term revenue stream while supporting Amazon’s growing demand for carbon-free energy to power its AI and cloud operations.
The deal was publicly announced on June 11, 2025, and was hailed by Pennsylvania Governor Josh Shapiro and other prominent elected officials for its economic development benefits to the commonwealth. Cozen O’Connor served as local counsel to Talen Energy.