Good afternoon and welcome to the Talen Energy's First Quarter 2023 Earnings Conference Call. Please note today's event has been pre-recorded and we will not be conducting a question-and-answer session at the end of the call. I'd now like to turn the conference over to Rajat Prakash, Vice President and Treasurer. Please go ahead.

Thank you and good afternoon. Welcome to Talen Energy's conference call to discuss our first quarter 2023 financial and operating results, updates on our key value drivers, our restructuring and recent excess financing activities and our imminent emergence. Joining me on the call today is John Chesser, Chief Financial Officer. Today's presentation is being webcast on the Investor section of our website. We have provided the first quarter 2023 earnings presentation. This presentation contains financial information and has been prepared by and is the responsibility of Talen management. Our quarterly financial statements are now also available on the Financials and Investor Presentation page on our investor website. Given the proximity to the completion of our structure, we will not be hosting a live Q&A session at the end of today's call. Please note that this presentation contains forward-looking statements. We encourage you to review the disclosures in the earnings presentation and in our financial statements to learn more about the significant business risks that could cause actual results to differ from these forward-looking statements. I'll now turn the call over to John.

Thank you, Rajat. Good afternoon, everyone. Thank you for joining and your interest in Talen. Talen is preparing to emerge from its restructuring this week, but we have not been idle during the past 12 months having accomplished several milestones as part of its strategic transformation and recapitalization of our company. Today and in the coming weeks, we look forward to reintroducing Talen, a company with strong cash flow generation from a diverse fleet. One of the best nuclear facilities in the country backed by the up to $15 per megawatt hour nuclear PTC, carving the leveraging of its wholly owned co-generation portfolio nearly complete and one of the world's first direct connect zero-carbon data center campuses ready to take flight. I would also like to welcome Matt McFarland and Talen's incoming Chief Executive Officer who will be joining at emergence [ph]. Matt brings more than 30 years of experience in the energy sector, and will help deliver on our key objectives, maximizing values from our core generation business and allocating capital and access cash flow on a discipline basis. Turning now to slide forward to begin, 2023 is off to a very strong start with Q1 delivering $660 million of adjusted EBITDA and $497 million of adjusted free cash flow for the quarter. Importantly, almost two thirds of our generation for the quarter was from zero carbon sources. This cash flow performance was a result of a high-free cash flow per megawatt hour delivered from reliable operational performance of our generation facilities, combined with the results of our commercial hedging program, which protected cash flows during mild Q1 winter weather and operating territories. These results are due to a discipline focused on the basics, the blocking and tackling that management is executing on our power plants every day. Talking…

This now concludes today's conference. Thank you for attending and have a pleasant day.