BlackRock, Inc. Increases Stake in Talen Energy Corp to 8.6%

BlackRock, Inc. has filed a Schedule 13G with the SEC, disclosing an increased ownership of 8.6% in Talen Energy Corp. The filing indicates that BlackRock now holds 3,913,898 shares of Talen Energy's common stock, up from 2,042,171 shares previously. This represents a 91.65% increase in shares and a 175.53% increase in the value of the holdings. The filing also states that the shares were acquired in the ordinary course of business and not for the purpose of influencing control of the issuer. The filing was signed by Spencer Fleming, Managing Director of BlackRock, Inc.