PPL Corporation
American energy company
Follow PPL Corporation on Notably News to receive short updates to your email — rarely!
| March 1 2024 | PPL Corporation announced a tentative $9 million agreement to sell its long-standing 2 North Ninth St. Tower Building and office complex to Pennsylvania-based developer D&D Realty Group, marking the end of its century-long headquarters location. |
| 2022 | PPL Corporation acquires Rhode Island Energy, formerly a regional business of Narragansett Electric Company, from National Grid, expanding its utility business portfolio. |
| May 25 2022 | The sale of the Narragansett Electric Company was completed, and it was renamed Rhode Island Energy. |
| June 14 2021 | The sale of WPD to National Grid plc was completed. |
| March 18 2021 | PPL announced agreements to sell WPD to National Grid plc for £7.8 billion and acquire National Grid's Rhode Island electric and gas utility, the Narragansett Electric Company, for $3.8 billion. |
| 2020 | PPL initiated a formal process to sell WPD to become a purely U.S.-focused energy company. |
| 2019 | PPL completed a $470 million investment in replacing meters with 'advanced' meters in Pennsylvania during the third quarter. |
| November 2019 | William Spence, PPL's former chairman and CEO, announced the company's focus on building advanced cleaner energy technologies and implementing the 'Energy Forward' strategy. |
| June 1 2015 | The Talen Energy spinoff was completed, allowing PPL to focus on transmission and distribution aspects of the electric utility business. |
| 2014 | PPL sold its hydroelectric facilities to NorthWestern. |
| June 6 2014 | PPL announced it would divest its electrical generation facilities to a newly formed company, Talen Energy. |
| 2011 | PPL completed the acquisition of two regulated regional electricity distribution companies in the United Kingdom, expanding its operations as Western Power Distribution (WPD). |
| 2010 | PPL completed the acquisition of two regulated Kentucky-based utilities: Louisville Gas & Electric in Louisville and Kentucky Utilities in Lexington. |
| February 2010 | PPL Corporation purchased the naming rights to PPL Park (home stadium of Philadelphia Union) in Chester, Pennsylvania, in a $25 million, 11-year deal that included providing sustainable energy to the venue. |
This contents of the box above is based on material from the Wikipedia article PPL Corporation, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.