LG&E's new utility partnership with Poe Companies and PowerHouse Data Centers sets stage for Kentucky's first hyperscale data center campus

LOUISVILLE, Ky., Jan. 16, 2025 /PRNewswire/ -- Louisville Gas and Electric Company, a subsidiary of PPL Corporation, announced today its first hyperscale data center electric customer.

A joint venture between PowerHouse Data Centers, a leading real estate developer for next-generation hyperscale data centers and division of American Real Estate Partners (AREP), and Poe Companies, a Louisville-based real estate developer with properties in Kentucky and across the U.S., was announced earlier today. The joint venture is developing Kentucky's cutting-edge 400-megawatt data center campus which will be located in Louisville. The first 130 megawatts will be available in October 2026.

ALLENTOWN, Pa., Jan. 14, 2025 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced the elimination of its Chief Operating Officer role effective April 4, at which time current EVP and COO Francis X. Sullivan will retire.

Also effective April 4, Sullivan's responsibilities will be assumed by David J. Bonenberger, who will become Executive Vice President and Chief Operating Officer-Utilities and Lonnie Bellar, who will become Executive Vice President of Engineering, Construction and Generation, with both executives reporting to PPL President and Chief Executive Officer Vincent Sorgi.

ALLENTOWN, Pa., Nov. 22, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Nov. 22, 2024, of $0.2575 per share, payable Jan. 2, 2025 to shareowners of record as of Dec.10, 2024.

About PPLPPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.5 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com 

ALLENTOWN, Pa., Nov. 1, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced third-quarter 2024 reported earnings (GAAP) of $214 million, or $0.29 per share, compared with third-quarter 2023 reported earnings of $230 million, or $0.31 per share.

Utilities' IRP filing models scenarios and addresses increase in load

LOUISVILLE, Ky., Oct. 18, 2024 /PRNewswire/ -- Kentucky has seen unprecedented economic growth in recent years that, fortunately, thanks to an interest in data centers and other economic development activity, doesn't appear to be slowing down.

As a result, Louisville Gas and Electric Company and Kentucky Utilities Company are forecasting in their Integrated Resource Plan (IRP) filed with the Kentucky Public Service Commission (KPSC) today the need for additional generation due to the expected influx of data centers and economic development across the utilities' service territories.

ALLENTOWN, Pa., Oct. 11, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated third-quarter 2024 earnings results on Friday, Nov. 1.

Vincent Sorgi, PPL president and chief executive officer, and other members of PPL's executive team will discuss quarterly results and the company's general business outlook during a conference call with financial analysts that will begin at 11 a.m. Eastern Time.

ALLENTOWN, Pa., Sept. 12, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an award up to $72 million to help fund a groundbreaking carbon dioxide (CO₂) capture research and development project at the company's natural gas combined-cycle generation facility in Louisville, Kentucky. OCED awarded PPL with the first tranche of funding – $4.9 million – to begin Phase 1 activities.

ALLENTOWN, Pa., Aug. 23, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 23, 2024, of $0.2575 per share, payable Oct. 1, 2024, to shareowners of record as of Sept. 10, 2024.

About PPLPPL Corporation (NYSE: PPL), headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.5 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com 

ALLENTOWN, Pa., July 16, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated second-quarter 2024 earnings results on Friday, August 2.

Vincent Sorgi, PPL president and chief executive officer, and other members of PPL's executive team will discuss quarterly results and the company's general business outlook during a conference call with financial analysts that will begin at 11 a.m. Eastern Time.

The call will be webcast live, in audio format, along with slides of the presentation. Interested individuals can access the webcast link at www.pplweb.com/investors under Events and Presentations or access the live conference call via telephone at 1-844-512-2926. International participants should call 1-412-317-6300. Participants will need to enter the following "Elite Entry" number in order to join the conference: 4228537.

Research, funded by a DOE grant, will build on initial study to further assess feasibility for new nuclear at company sites should technology become commercially viable

LOUISVILLE, Ky., June 26, 2024 /PRNewswire/ -- As part of an ongoing effort to evaluate all options for future replacement of aging generation, and to better support energy-intensive customers with zero-carbon objectives, PPL Corporation subsidiaries Louisville Gas and Electric Company and Kentucky Utilities Company will build on an earlier assessment of nuclear feasibility at the site of an existing Kentucky coal-fired power plant by exploring additional locations and partnerships that could support nuclear energy in the commonwealth.