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Last updated on April 16, 2014 at 13:01 EDT

Latest PPL Stories

2013-01-11 20:20:34

ALLENTOWN, Pa., Jan. 11, 2013 /PRNewswire/ -- PPL Energy Supply, LLC (the "Company" or "PPL Energy Supply") announced today the commencement of an offer to exchange up to all but not less than a majority of 8.857% Senior Secured Bonds due 2025 of its wholly owned subsidiary PPL Ironwood, LLC (CUSIP No. 00103XAC7) (the "Ironwood Bonds") for newly issued Senior Notes, Series 4.60% due 2021 of the Company (the "New Notes"), upon the terms and subject to the conditions set forth in the prospectus...

2012-12-28 12:20:36

ALLENTOWN, Pa., Dec. 28, 2012 /PRNewswire/ -- After soliciting public input during 13 community meetings, PPL Electric Utilities has submitted the Northeast-Pocono Reliability Project to the Pennsylvania Public Utility Commission for approval, the company said Friday (12/28). The project will improve electric service for 250,000 people in northeast Pennsylvania and the Poconos. It will involve construction of three new electrical substations and a new 230-kilovolt power...

2012-12-28 08:20:24

BERWICK, Pa., Dec. 28, 2012 /PRNewswire/ -- Unit 2 at the PPL Susquehanna nuclear power plant resumed generating electricity for the power grid Friday (12/28). The unit had been shut down since Dec. 16. An electrical connection problem caused an automatic shutdown during a routine, scheduled turbine valve test. An unrelated issue with the positioning of a valve on one of the unit's main water pumps during start-up activities extended the out-of-service time. "We have conducted a detailed...

2012-12-21 16:21:41

ALLENTOWN, Pa., Dec. 21, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) has set the date for the company's annual meeting of shareowners for Wednesday, May 15, 2013, 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. 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...

2012-12-16 12:20:09

BERWICK, Pa., Dec. 16, 2012 /PRNewswire/ -- Unit 2 at the PPL Susquehanna nuclear power plant automatically shut down early Sunday morning (12/16) during routine testing of a valve on the unit's main turbine system. Operators have confirmed all systems responded as expected and the reactor is in a safe and stable condition. Susquehanna employees are investigating why the testing caused the shutdown. "We regularly test and evaluate the condition of plant systems and equipment," said Timothy...

2012-12-14 08:21:47

ALLENTOWN, Pa., Dec. 14, 2012 /PRNewswire/ -- PPL Energy Supply, LLC (the "Company") announced today the results of a private offer to exchange up to all but not less than a majority of 8.857% Senior Secured Bonds due 2025 of its wholly owned subsidiary PPL Ironwood, LLC (CUSIP No. 00103XAC7) (the "Ironwood Bonds") for 2.375% Senior Notes due 2017 of the Company (the "New Notes") to be issued in a private placement by the Company. The exchange offer expired at 11:59 p.m., New York City...

2012-11-20 04:20:16

BERWICK, Pa., Nov. 20, 2012 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant disconnected Monday (11/19) from the regional power grid shortly after returning to service because of a hydraulic oil leak on a system that controls the flow of steam into the turbine. Operators are manually shutting down the reactor and plant systems are responding as designed. Susquehanna employees are investigating the cause of the oil leak. "Shutting down the reactor is the safest course of...

2012-11-20 00:21:46

BERWICK, Pa., Nov. 19, 2012 /PRNewswire/ -- Unit 2 at PPL Corporation's Susquehanna nuclear power plant in Luzerne County, Pa., resumed generating electricity for the regional power grid safely and reliably on Monday (11/19) after completing a turbine blade inspection and repairing a computer system that malfunctioned on Nov. 9, causing operators to shut down the reactor. The previously announced turbine inspection revealed signs of cracking on a small number of blades. Those blades have...

2012-11-16 12:21:30

ALLENTOWN, Pa., Nov. 16, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday (11/16) of $0.36 per share payable Jan. 2, 2013, to shareholders of record as of Dec. 10, 2012. This is PPL Corporation's 268th consecutive quarterly dividend. PPL Corporation, headquartered in Allentown, Pa., through its affiliates owns or controls about 19,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets, and delivers...

2012-11-15 16:28:01

ALLENTOWN, Pa., Nov. 15, 2012 /PRNewswire/ -- PPL Energy Supply, LLC (the "Company") announced today the commencement of a private offer to exchange up to all but not less than a majority of 8.857% Senior Secured Bonds due 2025 of its wholly owned subsidiary PPL Ironwood, LLC (CUSIP No. 00103XAC7) (the "Ironwood Bonds") for 2.375% Senior Notes due 2017 of the Company (the "New Notes") to be issued in a private placement by the Company. The Ironwood Bonds exchanged in connection with the...