In today’s briefing:
- TLNE: Powered to Run, Initiating with Buy
TLNE: Powered to Run, Initiating with Buy
- TLNE is an independent power producer that has emerged from bankruptcy as a public company with the stock not reflecting the intrinsic value of the assets the Company owns
- The reduced leverage profile creates a valuation appeal. However, it is the catalyst from what TLNE could achieve at its Susquehanna nuclear plant that could enhance shareholder value
- TLNE has been private for more than six years and is now trading on the OTC Markets making it likely that many investors have yet to hear about the Company
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