PPL Corporation

PPL Corporation names Francis X. Sullivan new chief operating officer

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Thursday, January 5, 2023

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ALLENTOWN, Pa., Jan. 5, 2023 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today it has promoted Francis X. Sullivan to executive vice president and chief operating officer effective Jan. 1, 2023. Sullivan succeeds Gregory N. Dudkin, who is on extended medical leave and not expected to return to PPL.

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ALLENTOWN, Pa., Jan. 5, 2023 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today it has promoted Francis X. Sullivan to executive vice president and chief operating officer effective Jan. 1, 2023.
Sullivan succeeds Gregory N. Dudkin, who is on extended medical leave and not expected to return to PPL.
In his new position, Sullivan will report to PPL President and Chief Executive Officer Vincent Sorgi and oversee PPL's regulated utility operations, with the presidents of PPL's Kentucky, Pennsylvania and Rhode Island utility companies reporting to him.
"He will be missed, and we wish Greg and his family the very best as they deal with these difficult times.

PPL to Provide Update on Significant Progress Being Made as the New PPL: A Premier U.S. Regulated Utility

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Tuesday, January 3, 2023

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ALLENTOWN, Pa., Jan. 3, 2023 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will host a conference call and webcast on Wednesday, Jan. 11, at 11 a.m. Eastern Time to provide an update to its capital investment plans, cost savings initiatives and business outlook as the company continues to execute its vision following PPL's strategic repositioning into a premier U.S. regulated utility. Following the call, PPL's executive team will be meeting with investors at the annual Evercore ISI utility conference on Jan. 12 and 13 in Palm Beach, Florida.

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Following the call, PPL's executive team will be meeting with investors at the annual Evercore ISI utility conference on Jan. 12 and 13 in Palm Beach, Florida.
The conference call will be webcast live, in audio format, along with slides of the presentation.
Participants will need to enter the following "Elite Entry" number in order to join the conference: 9324531.
Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.

PPL and its foundations empower communities through annual contributions of more than $16 million

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Thursday, December 22, 2022

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ALLENTOWN, Pa., Dec. 22, 2022 /PRNewswire/ -- Together, PPL, its foundations and its employees have made a significant impact on the communities we serve, contributing more than $16 million to support local organizations through annual grant and charitable giving programs in Kentucky, Pennsylvania and Rhode Island.

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This fall, the company's charitable giving campaigns raised $8 million in employee and retiree pledges, together with matching funds from PPL's foundations.
"We're especially proud of the generosity of our employees and retirees, who are committed to building stronger communities in all of the regions we serve."
Local giving campaigns help PPL respond to the unique needs of each of the states in which it operates.
In addition to its support for employee giving campaigns, PPL's companies and foundations have contributed more than $8 million to support local communities through various grant programs.

PPL Corporation's Kentucky utilities file plan to replace 1,500 megawatts of aging generation by 2028

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Thursday, December 15, 2022

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The plan includes adding two new combined-cycle natural gas plants, nearly 1,000 megawatts of solar generation, 125 megawatts of battery storage and more than a dozen new energy efficiency programs.

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The plan includes adding two new combined-cycle natural gas plants, nearly 1,000 megawatts of solar generation, 125 megawatts of battery storage and more than a dozen new energy efficiency programs.
In conjunction with the announcement, LG&E and KU is seeking approval from the Kentucky Public Service Commission (KPSC) for the replacement generation and new energy efficiency programs.
LG&E and KU's proposal focuses on meeting customers' energy needs in the most reliable, least-cost fashion.
Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.

Miami-Dade County Public Schools and LG&E and KU Energy Honored for Healthcare Strategy Innovation by the National Alliance

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Tuesday, November 8, 2022

WASHINGTON, Nov. 8, 2022 /PRNewswire/ -- The National Alliance of Healthcare Purchaser Coalitions (National Alliance) recognized the efforts of employers and purchasers and member coalitions at its 2022 Annual Forum. Miami-Dade County Public Schools and LG&E and KU Energy received the 2022 Employer/Purchaser Excellence Award; the Greater Philadelphia Business Coalition on Health was honored with the 2022 Membership Leadership Award; and Robert Smith, executive director of the Colorado Business Group on Health, was acknowledged with the 2022 President's Award.

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WASHINGTON, Nov. 8, 2022 /PRNewswire/ --The National Alliance of Healthcare Purchaser Coalitions (National Alliance) recognized the efforts of employers and purchasers and member coalitions at its 2022 Annual Forum .
This award recognizes our shared efforts to drive improvements in our local market and as an enthusiastic member of the National Alliance."
The National Alliance of Healthcare Purchaser Coalitions (National Alliance) is the only nonprofit, purchaser-aligned organization with a national and regional structure dedicated to driving health and healthcare value across the country.
Its members represent private and public sector, nonprofit, and Taft-Hartley organizations, and more than 45 million Americans, spending over $300 billion annually on healthcare.

Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy

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Thursday, November 3, 2022

Aspen Power Partners LLC (Aspen), a distributed generation platform with the mission of accelerating decarbonization, today announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG).

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Aspen Power Partners LLC (Aspen), a distributed generation platform with the mission of accelerating decarbonization, today announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG).
The investment supports Aspens organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial & industrial (C&I) solar and storage markets.
With Carlyles investment and the close of the Safari acquisition, Aspen is on track to achieve gigawatt scale by mid-decade.
Aspen Power Partners (Aspen) is a comprehensive distributed generation platform with the dual mission of accelerating and democratizing decarbonization.

PPL and Elia Group subsidiaries announce agreement to develop and propose innovative transmission solutions to connect future offshore wind capacity to onshore grid in New England

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Monday, October 24, 2022

ALLENTOWN, Pa., Oct. 24, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL), through its subsidiary PPL TransLink Inc., and Elia Group, through its subsidiary WindGrid, today announced an agreement to develop and propose innovative transmission solutions to reliably and efficiently integrate future offshore wind capacity to the onshore grid in the New England region.

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ALLENTOWN, Pa., Oct. 24, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL), through its subsidiary PPL TransLink Inc., and Elia Group, through its subsidiary WindGrid, today announced an agreement to develop and propose innovative transmission solutions to reliably and efficiently integrate future offshore wind capacity to the onshore grid in the New England region.
The states Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire recognize the importance of early planning for carrying out this offshore wind development.
"Both PPL and Elia Group share the same open mind and vision regarding innovative offshore transmission solutions," said Chris Peeters, CEO of Elia Group.
Elia Group is currently developing the world's first energy islands that will form the building blocks of an integrated European offshore grid.

PPL Corporation to Conduct Webcast on Third-Quarter 2022 Earnings Results

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Friday, October 21, 2022

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ALLENTOWN, Pa., Oct. 21, 2022 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated third-quarter 2022 earnings results on Friday, Nov. 4.

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ALLENTOWN, Pa., Oct. 21, 2022 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated third-quarter 2022 earnings results on Friday, Nov. 4.
The call will be webcast live, in audio format, along with slides of the presentation.
For those who are unable to listen to the live webcast, a replay with slides will be accessible at www.pplweb.com/investors for 90 days after the call.
Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.

Rhode Island Energy Announces Latest Milestone to Bring More Offshore Wind to Rhode Island

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Friday, October 14, 2022

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PROVIDENCE, R.I., Oct. 14, 2022 /PRNewswire/ -- Rhode Island Energy announced today that it is issuing a Request for Proposals (RFP) to solicit an additional 600 to 1,000 MW of offshore wind to help power the state's energy needs. Adding to the nation's first offshore wind farm that sits in waters off Block Island and the proposed Revolution Wind project, this additional procurement could help meet over 70% of the state's estimated 2030 electricity demand with carbon-free energy. The new procurement alone has the potential to power about 700,000 homes each year.

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"We promised that we would lead when it came to helping Rhode Island meet its clean energy goals, and achieving this latest milestone is proof of our commitment," said Dave Bonenberger, president of Rhode Island Energy.
On Sept. 6, Rhode Island Energy filed a draft RFP with the Rhode Island Public Utilities Commission (RIPUC), allowing for 30 days of public comment.
Rhode Island Energy provides essential energy services to over 770,000 customers across Rhode Island through the delivery of electricity or natural gas.
Note to Editors: Visit our media website at www.pplnewsroom.com for additional news about Rhode Island Energy and PPL Corporation.

PPL Electric Utilities wins pair of Achievement Awards from AEIC

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Monday, October 10, 2022

ALLENTOWN, Pa., Oct. 10, 2022 /PRNewswire/ -- PPL Electric Utilities is proud to announce it has won a pair of Achievement Awards from the Association of Edison Illuminating Companies (AEIC). The awards recognize revolutionary innovations to PPL Electric's wooden utility pole inspection process and its application of a distribution settings automation tool that increases the safety, reliability and efficiency of its electric grid. Both awards were presented on October 6 at the 2022 AEIC annual meeting in Scottsdale, Arizona.

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"Becoming one of the top utilities in the country doesn't happen overnight," said PPL Electric Utilities President Steph Raymond.
For researching and implementing a technological leap in wooden utility pole inspections, PPL Electric was awarded the AEIC President's Award, the organization's highest recognition.
"AEIC is proud to recognize PPL Electric Utilities with two awards this year for projects that significantly improve utility operations in key areas," said AEIC CEO Steve Hauser.
PPL Electric Utilities delivers safe, reliable and affordable electricity to more than 1.4 million homes and businesses in eastern and central Pennsylvania.