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.
ALLENTOWN, Pa., May 15, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Wednesday, May 15, 2024, of $0.2575 per share, payable July 1, 2024, to shareowners of record as of June 10, 2024.
About PPL PPL 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
PROVIDENCE, R.I., May 10, 2024 /PRNewswire/ -- Rhode Island Energy, a subsidiary of PPL Corporation (NYSE: PPL), has announced it reached an agreement on new five-year contracts with the Utility Workers Union of America (UWUA), AFL-CIO, Locals 310 and 310B, and Brotherhood of Utility Workers (BUW), which currently represent 526 employees.
"We value each of our employees and their dedication to serving our customers and are proud of the positive partnership between our unions and company leadership. These contracts are the result of our ongoing collaborative efforts," said Greg Cornett, president of Rhode Island Energy. "I am pleased that company and union leaders worked together to reach an agreement. We look forward to continuing our shared commitment to provide safe, reliable, sustainable and affordable energy to our customers and communities across Rhode Island."
ALLENTOWN, Pa., May 1, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced first-quarter 2024 reported earnings (GAAP) of $307 million, or $0.42 per share, compared with first-quarter 2023 reported earnings of $285 million, or $0.39 per share.
Report details 2023 performance results; company's commitment to deliver safe, reliable, affordable and sustainable energy to customers and long-term value for shareowners.
ALLENTOWN, Pa., April 18, 2024 /PRNewswire/ -- PPL Corporation today released its 2023 Sustainability Report highlighting the company's progress in executing its utility of the future strategy. The report details PPL's performance results in areas of safety, energy delivery, environmental stewardship, community engagement, responsible business practices and corporate governance.
ALLENTOWN, Pa., April 17, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated first-quarter 2024 earnings results on Wednesday, May 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.
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: 5627675.
ALLENTOWN, Pa., April 2, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) subsidiary Rhode Island Energy (RIE) on Thursday (3/28) received unanimous approval from the Rhode Island Public Utilities Commission (RIPUC) for approximately $326 million in planned spending from April 1, 2024, to March 31, 2025, to improve the safety and reliability of Rhode Island's electric and gas networks.
The planned spending, connected to RIE's annual electric and gas Infrastructure, Safety and Reliability (ISR) plans, addresses approximately $300 million in capital investments ($132 million for electric and $168 million for gas) and $26 million in operating costs for vegetation management, restoration paving on gas main replacement projects, system inspections and other work.
Cornett, a 25-year utility industry veteran, will succeed Dave Bonenberger March 4
ALLENTOWN, Pa., Feb. 21, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced 25-year utility industry veteran Greg Cornett has been named president of Rhode Island Energy (RIE). Effective March 4, Cornett will succeed Dave Bonenberger, who is moving into a new role as PPL Senior Vice President and Chief Operating Officer – Utilities.
ALLENTOWN, Pa., Feb. 16, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced 2023 reported earnings (GAAP) of $740 million, or $1.00 per share, compared with 2022 reported earnings of $756 million, or $1.02 per share.
ALLENTOWN, Pa., Feb. 14, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced that Dean A. Del Vecchio has been elected Executive Vice President and Chief Technology and Innovation Officer, a new position that reflects PPL's strong focus on creating technology-enabled utilities of the future. Del Vecchio will report directly to PPL President and Chief Executive Officer Vincent Sorgi.
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