Talen Energy Corporation' (TLN) CEO Paul Farr on Q1 2016 Results - Earnings Call Transcript

May 10, 2016 12:52 PM ETTalen Energy Corp (TLN)
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Talen Energy Corporation (NYSE:TLN) Q1 2016 Earnings Conference Call May 10, 2016 8:00 AM ET

Executives

Andrew Ludwig – Director of Investor Relations

Paul Farr – Chief Executive Officer

Jeremy McGuire – Chief Financial Officer

Analysts

Ali Ahga – SunTrust

Julian Dumoulin-Smith – UBS

Abe Azar – Deutsche Bank

Srinjoy Banerjee – Barclays

Operator

Welcome to the Talen Energy First Quarter Result Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Andrew Ludwig. Mr. Ludwig, please go ahead.

Andrew Ludwig

Thanks Kate, and good morning everyone. Thank you for joining the Talen Energy Corporation conference call to discuss first quarter 2016 results. Today’s presentation is being webcast and we are providing slide to the presentation on our website at talenenergy.com. This presentation may contain forward-looking statements and we encourage you to review our filings with the SEC to a more about certain risk factors that could cause actual results to differ from these forward-looking statements. This presentation also will contain references to non-GAAP financial information that we use to measure our business. You can find the reconciliation between the non-GAAP financial measures we use and the most directly comparable GAAP measures in the schedules to our earnings release and the presentation that we posted on our website.

With that, I’ll now turn the call over to Paul Farr, Talen Energy President and CEO.

Paul Farr

Thanks Andy, and thank you all for joining us on our first quarter earnings call. Joining me on the call today are; Jeremy McGuire, our CFO; Joe Hopf, who has lead our Commercial team and our non-nuclear Generation; as well as Tim Rausch, our Chief Nuclear Officer.

After my prepared remarks, Jeremy will take you through a

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