Talen Energy Supply (“TES”) and Consenting Noteholders Upsize Equity Rights Offering Backstop Commitment to $1.55 Billion, with Option to Upsize the Rights Offering to $1.9 Billion

Parties Amend Restructuring Support Agreement, Confirmation Expected in December 2022; TES to Commence Go-Shop Process Following Approval of Backstop Commitment HOUSTON, Aug. 10, 2022 /PRNewswire/ — Talen Energy Supply, LLC (“TES” or the “Company”) announced today that it has reached an…