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Talen Energy to appeal FERC's rejection of Amazon information center deal

Talen Energy plans to contest the Federal Energy Regulatory Commission's (FERC) rejection of a modified interconnection arrangement for an Amazon information center at its Pennsylvania nuclear plant, the business stated on Monday.

The U.S. utility previously this year sold a data center linked to its Susquehanna nuclear power plant to Amazon and wished to increase its capability from 300 megawatts to 480 megawatts.

The deal, nevertheless, dealt with opposition from American Electric Power and Exelon.

FERC, in an order released on Nov. 1, agreed the 2 managed energies and blocked the interconnection arrangement.

Talen, last month, submitted an ask for a rehearing, to which the regulator responded on Monday, mentioning it would address the request in a future order.

As FERC did not select the rehearing demand within 30 days, the choice to decline the modified interconnection agreement is now qualified for an interest a U.S. Circuit Court of Appeals, Talen Energy stated in a statement.

Shares of the business, which have more than tripled this year, were up 0.6% in afternoon trading.

(source: Reuters)