8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  November 2, 2015

Commission File Number	Registrant; State of Incorporation; Address and Telephone Number	IRS Employer Identification No.
1-37388	Talen Energy Corporation (Exact name of Registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 835 Hamilton Street, Suite 150 Allentown, PA 18101-1179 (888) 211-6011	47-1197305
1-32944	Talen Energy Supply, LLC (Exact name of Registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 835 Hamilton Street, Suite 150 Allentown, PA 18101-1179 (888) 211-6011	23-3074920

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:

[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 2 - Financial Information

Item 2.01 Completion of Acquisition or Disposition of Assets.

On November 2, 2015, Talen Energy Supply, LLC (“Talen Energy Supply”), a wholly owned, indirect subsidiary of Talen Energy Corporation (“Talen Energy”), completed its previously announced acquisition of all of the equity interests of MACH Gen, LLC (“MACH Gen”), which indirectly owns the following electric generating facilities and certain other assets related thereto: (i) the combined-cycle gas fired “Harquahala” generating facility, located in Tonopah, Arizona; (ii) the gas/fuel oil-fired capable “Athens” generating facility, located in Greene County, New York; and (iii) the gas/fuel oil-fired capable “Millennium” generating facility, located in Worcester County, Massachusetts.

The cash purchase price paid in respect of the acquisition was $603 million, which represented the agreed upon purchase price of $1.175 billion plus the estimated net working capital of MACH Gen and its subsidiaries on the closing date and minus amounts outstanding under the First Lien Credit and Guaranty Agreement of New MACH Gen, LLC, a subsidiary of MACH Gen (“New MACH Gen”), as of the closing date (the “New MACH Gen Credit Agreement”). The cash purchase price is subject to post-closing adjustment based on the amounts by which the actual figures vary from the estimates provided at the closing. The cash purchase price paid was funded with cash on hand and a $400 million draw on Talen Energy Supply’s secured revolving credit facility.

Amounts outstanding under the New MACH Gen Credit Agreement consist of (i) a secured term loan of approximately $475 million that matures July 2022 and (ii) approximately $103 million drawn under a $160 million secured revolving credit facility that matures July 2021. The New MACH Gen Credit Agreement remains outstanding following the completion of the acquisition. The New MACH Gen Credit Agreement is guaranteed by each of New MACH Gen’s subsidiaries and is secured by a first priority security interest, subject to possible shared first lien status with certain permitted hedge and power sale agreements, in all of the assets of New MACH Gen and each guarantor, including the equity interests in New MACH Gen and each guarantor.

A copy of the press release announcing the completion of the acquisition is filed as Exhibit 99.1 hereto and is incorporated by reference herein.

Section 8 - Other Events

Item 8.01 Other Events.

On November 2, 2015, Talen Energy announced the completion the sale of its renewable energy business. The sale price was $116 million, subject to customary post-closing purchase price adjustments. A copy of the press release announcing the completion of the sale is filed as Exhibit 99.1 hereto and is incorporated by reference herein.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)	Exhibits
	99.1 -	November 2, 2015 Press Release

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each of the Registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TALEN ENERGY CORPORATION
By:	/s/ Jeremy R. McGuire
	Jeremy R. McGuire Senior Vice President, Chief Financial Officer and Chief Accounting Officer

TALEN ENERGY SUPPLY, LLC
By:	/s/ Jeremy R. McGuire
	Jeremy R. McGuire Senior Vice President, Chief Financial Officer and Chief Accounting Officer

Dated:  November 2, 2015

EX-99.1

Contacts: Media Relations – George C. Lewis, 610-774-4687 Investor Relations – Andy Ludwig, 610-774-3389 Talen Energy Completes Purchase of MACH Gen, LLC, And Sale of Renewable Energy Business ALLENTOWN, Pa. (Nov. 2, 2015) – Talen Energy Corporation (NYSE: TLN) announced Monday (11/2) that it has completed the acquisition of MACH Gen, LLC and the sale of Talen Renewable Energy, LLC. The $1.175 billion MACH Gen acquisition adds three combined-cycle, natural gas-fired power plants with more than 2,500 megawatts of generating capacity to Talen Energy’s fleet. The plants are located in upstate New York, western Massachusetts and western Arizona. The sale of Talen Renewable Energy to California-based Energy Power Partners includes 25 clean power projects in Pennsylvania, New Jersey, Vermont and New Hampshire that have a combined nameplate generating capacity of 65 megawatts. With the closing of these transactions, Talen Energy owns or controls about 17,600 megawatts of generating capacity. The total does not reflect announced divestitures of about 1,400 megawatts that are expected to close in the first quarter of 2016. Founded in 2009, Energy Power Partners is a private equity and infrastructure firm pursuing long-term investments in small to medium-sized North American clean power projects with contracted cash flows. The firm’s current portfolio consists of operating assets located in the U.S. and contracted with highly creditworthy utility, corporate, and government off-takers. http://www.energypowerpartners.com/ Talen Energy is one of the largest competitive energy and power generation companies in North America. Our diverse generating fleet operates in well-developed, structured wholesale power markets. To learn more about us, visit www.talenenergy.com. Forward-Looking Statement

All statements contained herein other than statements of historical fact are “forward-looking” statements for purposes of the U.S. federal and state securities laws. Although Talen Energy believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. Among the important factors that could cause actual results to differ materially from the forward-looking statements are: operating performance and the length of scheduled and unscheduled outages at generating plants; weather conditions affecting customer energy usage and/or the availability of fuel for the plants; volatility in the availability and/or price of electric transmission and/or fuel transmission and delivery services; the effect of any business, industry or market restructuring; and new accounting requirements or new interpretations or applications of existing requirements. Any such forward-looking statements should be considered in light of such important factors and in conjunction with the risk factors and other disclosures included in Talen Energy's filings with the Securities and Exchange Commission that are available at www.sec.gov. # # #