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): ~~May~~June 41, 2015

Commission File Number	Registrant; State of Incorporation; Address and Telephone Number	IRS Employer Identification No.
CommissionFile Number	Registrant; State of Incorporation;Address and Telephone Number	IRS Employer Identification No.
1-32944	PPL Energy Supply, LLC (Exact name of Registrant as specified in its charter) (Delaware) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151	23-3074920
1-37388	Talen Energy Corporation (Exact name of Registrant as specified in its charter) (Delaware) 835 Hamilton Street Allentown, PA 18101-1179 (610) 774-5151	47-1197305
333-199888	Talen Energy Corporation (Exact name of Registrant as specified in its charter) (Delaware) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151	47-1197305
1-32944	PPL Energy Supply, LLC (Exact name of Registrant as specified in its charter) (Delaware) 835 Hamilton Street Allentown, PA 18101 (610) 774-5151	23-3074920
333-199888-01	Talen Energy Holdings, Inc. (Exact name of Registrant as specified in its charter) (Delaware) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151	47-1180131

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant 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 1 7 – ~~Registrant’s~~Regulation ~~Business~~FD ~~and Operations~~

Item 17.01 ~~Entry~~Regulation ~~into~~FD ~~a Material Definitive Agreement.~~Disclosure

On ~~May~~June 41, 2015, inTalen ~~connection~~Energy ~~with~~Corporation ~~the~~(“Talen ~~previously~~Energy” ~~announced~~or ~~spinoff~~the of“Company”) ~~PPL~~issued ~~Corporation’s~~a ~~competitive~~press ~~power~~release ~~generation~~announcing ~~business,~~the ~~PPL Energy~~formation ~~Supply,~~of ~~LLC~~the ~~(“Energy~~Company ~~Supply”)~~following ~~and~~ the ~~combination~~completion of ~~that~~the ~~business~~spinoff ~~with~~of the competitive power generation business ~~(“RJS~~of ~~Power”)~~PPL Corporation ~~owned~~and bythe ~~affiliates~~subsequent ofcombination ~~Riverstone~~with ~~Holdings~~the ~~LLC~~competitive topower ~~form~~generation ~~Talen~~business ~~Energy~~owned ~~Corporation,~~by ~~an independent,~~Riverstone ~~publicly~~Holdings ~~traded~~LLC. ~~company~~In toaddition, beas ~~listed~~previously announced on ~~the~~May 26, ~~New York Stock Exchange~~2015, Talen Energy ~~Supply~~announced ~~entered~~that ~~into~~at a5:00 ~~transition~~p.m. ~~services agreement~~ (~~the~~Eastern ~~“Transition Services Agreement”~~Time) ~~with~~on June 1, ~~Topaz Power Management~~2015, LPmembers ~~(“TPM”).~~of ~~This summary~~Talen isEnergy’s ~~qualified~~senior inmanagement ~~its~~will ~~entirety~~hold bya ~~reference~~conference tocall ~~the~~and ~~Transition~~webcast ~~Services~~to ~~Agreement,~~discuss ~~which~~Talen isEnergy’s ~~included~~business asoutlook ~~Exhibit~~and ~~10.1~~provide toguidance ~~this Current Report~~ on ~~Form~~earnings ~~8-K~~ and ~~incorporated~~cash ~~herein by reference~~flow.

The ~~Transition~~conference ~~Services~~call ~~Agreement~~will ~~sets~~be ~~forth~~webcast ~~the~~live, ~~terms~~in ~~and~~audio ~~conditions~~format, ~~for~~along ~~the~~with ~~provision~~slides of ~~certain~~the ~~business~~presentation ~~administration~~at ~~services~~www.talenenergy.com. (A replay of the presentation and the ~~“Services”)~~slides bywill ~~TPM~~also tobe ~~RJS~~available ~~Power~~at www.talenenergy.com. A copy of the press release announcing completion of the transaction, ~~from~~the conference call and ~~following~~the webcast is furnished as Exhibit 99.1. A copy of the ~~date~~slides onto ~~which~~be used for the ~~spinoff~~webcast ~~and~~is furnished ~~combination~~as ~~are~~Exhibit ~~consummated~~99.2.

Unless terminated earlier by mutual agreement of TPM and Energy Supply or under other enumerated circumstances, the Transition Services Agreement terminates on the date that the provider is no longer obligated to provide any Service pursuant to the Transition Services Agreement, but in any event no later than on JanuarySection ~~31,~~9 ~~2016.~~– InFinancial ~~general,~~Statement ~~the fees for the Services allow TPM to recover its actual cost, with no margin or profit, for the provision of such services, including salary, hourly~~ and ~~overtime~~Exhibits ~~pay, bonuses, benefits and all other employee or labor related costs, retention payments for certain employees, overhead costs and taxes.~~

TPM is not required to provide any services pursuant to the Transition Services Agreement other than the Services.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)

Exhibits

10.1 - Transition Services Agreement by and between Topaz Power Management, LP and PPL Energy Supply, LLC.


99.1		June 1, 2015 press release.

99.2		Slides to be used in connection with the presentation referred to in Exhibit 99.1.

~~SIGNATURE~~SIGNATURES

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

TALEN ENERGY CORPORATION By: /s/ Paul A. Farr Paul A. Farr President, Chief Executive Officer and Director PPL ENERGY SUPPLY, LLC By: /s/ ~~Stephen~~Paul KA. ~~Breininger~~Farr ~~Stephen~~Paul KA. ~~Breininger~~Farr ~~Vice~~ President and ~~Controller~~Chief Executive Officer

~~TALEN ENERGY CORPORATION By~~Dated: June ~~/s/~~1, ~~Paul~~2015 ~~A. Farr Paul A. Farr Director and Executive Vice President~~

~~TALEN~~3 ~~ENERGY HOLDINGS, INC. By: /s/ Paul A. Farr Paul A. Farr Director and Executive Vice President~~

Dated: May 8, 2015

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