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Last updated on April 24, 2014 at 13:57 EDT

Latest PPL Corporation Stories

2012-03-30 22:20:03

BERWICK, Pa., March 31, 2012 /PRNewswire/ -- Operators safely shut down the Unit 1 reactor at the Susquehanna nuclear power plant in northeastern Pennsylvania early Saturday (3/31) after 282 days of consecutive operation to begin a planned refueling and maintenance outage. Each of the two units at the Susquehanna plant is taken out of service for refueling and maintenance every 24 months. Workers will replace about 40 percent of the uranium fuel and complete hundreds of scheduled equipment...

2012-03-28 06:21:39

ALLENTOWN, Pa., March 28, 2012 /PRNewswire/ -- PPL Corporation's (NYSE: PPL) board of directors has elected William H. Spence chairman of the company, effective April 1. The company had previously announced that James H. Miller would retire as chairman and a member of the board on March 31. Spence has been serving as chief executive officer and a member of the board of directors since November 2011. He had been named president of the company in July 2011. Spence, 55, joined PPL in...

2012-02-29 07:30:00

ALLENTOWN, Pa., Feb. 29, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced Wednesday (2/29) that David G. DeCampli is being named to lead PPL's competitive-market Supply segment. In the new position, DeCampli will serve as president of PPL Energy Supply, LLC and president of PPL Generation, LLC, with responsibility for the company's generating facilities in Pennsylvania and Montana as well as its energy marketing and trading operations. DeCampli, who has more than 30 years of...

2012-02-27 06:47:00

ALLENTOWN, Pa., Feb. 27, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Monday (2/27) announced increased fourth-quarter and year-end 2011 earnings compared with the results previously reported on Feb. 10, 2012, due to a favorable U.S. Supreme Court decision affecting the company's hydroelectric generation operations in Montana. The Supreme Court on Feb. 22 unanimously overturned a previous Montana state Supreme Court decision requiring PPL Montana to pay rent for the use, in its...

2012-02-27 05:42:00

ALLENTOWN, Pa., Feb. 27, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced Monday (2/27) that on Thursday, Feb. 23, 2012, PPL Generation, LLC, its competitive generation subsidiary, agreed to acquire AES Ironwood, L.L.C. and AES Prescott, L.L.C., which together own and operate the 705-megawatt AES Ironwood combined-cycle natural gas-fired power plant in Lebanon, Pa., from a subsidiary of The AES Corporation. Total consideration for the transaction is approximately $304 million,...

2012-02-22 13:49:00

BILLINGS, Mont., Feb. 22, 2012 /PRNewswire/ -- The U.S. Supreme Court on Wednesday (2/22) unanimously overturned a Montana state Supreme Court decision requiring PPL Montana to pay millions in rent for the use of riverbeds under portions of three rivers in Montana. "We're pleased that the U.S. Supreme Court has overturned the Montana court rulings in this historic case," said Robert J. Grey, senior vice president, general counsel and secretary of PPL Corporation. "We're hopeful that this...

2012-02-10 06:10:00

ALLENTOWN, Pa., Feb. 10, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Friday (2/10) announced 2011 reported earnings of $1.44 billion, or $2.61 per share, up from $938 million, or $2.17 per share in 2010. Excluding special items, PPL's 2011 earnings from ongoing operations were $1.5 billion, or $2.72 per share, compared with $1.4 billion, or $3.13 per share in 2010. The $2.72 per share figure is at the high end of PPL's most recent forecast range of 2011 earnings from ongoing...

2012-02-02 08:33:00

ALLENTOWN, Pa., Feb. 2, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) plans to issue its 2012 earnings forecast Friday, Feb. 10, as it releases its consolidated fourth-quarter and year-end 2011 earnings results before the stock market opens that day. PPL Chairman James H. Miller and other members of PPL's executive management team will discuss these results and the company's general business outlook during a conference call with financial analysts at 9 a.m. EST that day. The call will...

2011-12-19 13:26:00

ALLENTOWN, Pa., Dec. 19, 2011 /PRNewswire/ -- PPL Corporation (NYSE: PPL) has set the date of the company's annual meeting of shareowners for Wednesday, May 16, 2012, at the Zoellner Arts Center, 420 E. Packer Ave., on the campus of Lehigh University in Bethlehem, Pa. The meeting will begin at 10 a.m. EDT. PPL Corporation, headquartered in Allentown, Pa., owns or controls about 19,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets, and delivers...

2011-12-08 12:47:00

ALLENTOWN, Pa., Dec. 8, 2011 /PRNewswire/ -- In a major boost to education across Pennsylvania, PPL Corporation has awarded nearly $1.5 million in donations this year to 101 colleges, universities, schools and educational programs supported by local non-profits. PPL also matched employee donations with another $263,000 for dozens of high schools, trade schools and colleges. Contributions ranged in size from $1,000 to more than $100,000. Recipients are literally an A to Z of...