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Talen Energy’s Debt Brings Colstrip’s Future Into Question

Talen Energy, which operates Colstrip Power Plant, is $4 billion in debt and facing negotiations with creditors as its bonds are downgraded to a substantial fundamental credit risk. Bloomberg charts Talen’s bonds on a steep decline since May. This week, Fitch Ratings downgraded the long-term issuer default rating for Talen Energy Supply to CCC...