Table of Contents
Table of Contents 2
List of Tables 9
Company Snapshot 10
Key Information 10
Company Overview 10
SWOT Snapshot 10
Operational Metrics 11
PPL Corporation, Operational Metrics, By Capacity 11
PPL Corporation, Operational Metrics, By Customers 11
PPL Corporation, Operational Metrics, By Segmental Information 11
PPL Corporation, Wind Farms 12
PPL Corporation, Wind Farms, United States 12
PPL Corporation, Solar PV Parks 13
PPL Corporation, Solar PV Parks, United States 13
PPL Corporation, Hydro Power Plants 14
PPL Corporation, Hydro Power Plants, United States 14
PPL Corporation, Biopower Plants 15
PPL Corporation, Biopower Plants, United States 15
PPL Corporation, Thermal Power Plants 16
PPL Corporation, Thermal Power Plants, United States 16
Business Description 17
Business Overview 17
Kentucky Regulated 17
Overview 17
Production 17
Financials 17
Pennsylvania Regulated 18
Overview 18
Financials 18
U.K. Regulated 18
Overview 18
Financials 18
Major Products and Services 19
History 20
SWOT Analysis 28
Overview 28
PPL Corporation Strengths 28
Midstream Energy Assets 28
Electricity Services 28
Operational Performance 28
PPL Corporation Weaknesses 29
Working Capital Deficit 29
PPL Corporation Opportunities 29
Natural Gas Consumption: the US 29
Increase in Demand for Electricity: the US 29
Promotion of Electric Vehicles and Charging Infrastructure: the US 29
PPL Corporation Threats 29
Operational Issues 29
Clean Power Plan by EPA: the US 30
Decrease in Demand for Electricity: the UK 30
Financial Ratios – Capital Market Ratios 31
Financial Ratios – Annual Ratios 31
Financial Ratios – Interim Ratios 33
Key Employees 34
Key Employee Biographies 35
Company Statement 36
Locations And Subsidiaries 38
Head Office 38
Other Locations & Subsidiaries 38
Financial Deals Landscape 40
PPL Corporation, Deals Summary 40
PPL Corporation, Power, Deal Details 41
Asset Transactions 41
Kentucky Utilities and Louisville Gas & Electric to Invest USD36 Million in Solar Power Project in New Jersey, US 41
Louisville Gas and Electric And Kentucky Utilities Company To Invest US$25 Million In Solar Power Plant In US 42
LG&E And Kentucky Utilities Announces Investment Of US$583 Million In Natural Gas Combined Cycle Power Plant In Kentucky, US 43
PPL Holtwood Completes Project Financing For Holtwood Hydroelectric Plant Expansion Project, US 44
Equity Offering 45
PPL Raises USD14 Million in Public Offering of Shares 45
PPL Raises USD14 Million in Public Offering of Shares 47
PPL Corp Announces Public Offering Of 9.9 Million Shares 49
PPL Completes Public Offering For US$2,327.6 Million 51
PPL Completes Public Offering For US$977.5 Million 53
Debt Offering 55
PPL Raises USD500 Million in Public Offering of 4% Notes Due 2047 55
Western Power Raises USD758.3 Million in Public Offering of 3.625% Notes Due 2023 57
PPL Electric Utilities Raises USD350 Million in Public Offering of 4.15% Bonds Due 2045 58
Kentucky Utilities Raises USD250 Million in Public Offering of 4.375% Bonds Due 2045 60
Kentucky Utilities Raises USD250 Million in Public Offering of 3.3% Bonds Due 2025 62
PPL Electric Utilities Raises USD300 Million in Public Offering of 4.125% Bonds Due 2044 64
PPL Corp Completes Public Offering Of 3.5% Notes Due 2022 For US$400 Million 66
PPL Corp Completes Public Offering Of 4.2% Senior Notes Due 2022 For US$400 Million 67
PPL Electric Utilities Completes Public Offering Of 3% First Mortgage Bonds Due 2021 For US$400 Million 68
PPL Electric Utilities Completes Public Offering Of 5.2% First Mortgage Bonds Due 2041 For US$250 Million 69
PPL Corporation Completes Offering Of 5.75% Senior Unsecured Notes Due 2032 For US$1,305.3 Million 70
PPL Corporation Completes Offering Of 5.25% Senior Unsecured Notes Due 2023 For US$979 Million 72
Asset Transactions 74
PPL Sells Stake In Non-Core Generating Assets For US$381 Million To LS Power 74
Acquisition 75
PPL Acquires Central Networks From E.ON UK 75
Recent Developments 77
PPL Corporation – Recent Developments 77
Apr 10, 2009: PPL To File Application With FERC For Holtwood Hydroelectric Plant Expansion Project 77
Jan 07, 2009: PPL Submits Application For Approval Of Susquehanna-Roseland Power Line To PPUC 77
Jan 30, 2008: PPL Receives Approval To Increase Generating Capacity At Susquehanna Plant 78
Dec 19, 2007: PPL To Seek License For Third Nuclear Unit In Pennsylvania 78
Jun 09, 2014: PPL, Riverstone to Form One of the Nation’s Largest Independent Power Producers 79
Jul 01, 2013: PPL Corporation’s United Kingdom Subsidiary Submits Business Plans as Part of Price Control Review Process 81
Jun 09, 2011: PPL Plans To Build New Data And Operations Center In Upper Macungie Township, Pennsylvania 82
Feb 09, 2011: PPL Electric To Improve Electric Service In Northeast Pennsylvania And Poconos Mountains 82
Oct 29, 2010: Allentown, PPL Electric Utilities Team Up For LED Streetlight Demonstration Project 83
Apr 07, 2009: PPL Electric Utilities To Bolster Delivery System For Customers In Monroe County In The US 84
Mar 24, 2009: PPL May Reconsider Holtwood Dam Expansion In Lancaster County, US 84
Nov 14, 2008: PPL Renewable Energy And CCIA Open Landfill Gas Energy System Facility In Deerfield Township, New Jersey 85
Oct 29, 2008: PPL Proposes To Build Biomass Plant In Maidencreek 85
Sep 15, 2008: PPL Planning To Construct 5 MW Solar Project In New Jersey 85
Dec 19, 2007: UNE And PPL Signs Agreement To Develop New Nuclear Plant License Application 86
Nov 29, 2007: PPL TO Develop Renewable Energy Generating Facility 86
Dec 02, 2016: MOL increases production capacity in TAL Block in Pakistan 86
Mar 09, 2009: OMV Announces First Gas From Latif Field In Pakistan 87
Nov 01, 2017: PPL Corporation Reports Third-Quarter Earnings 87
Aug 03, 2017: PPL Corporation Reports Second-Quarter Earnings 89
May 04, 2017: PPL Corporation Reports First-Quarter Earnings 90
Feb 01, 2017: PPL Corporation Reports 2016 Earnings 91
Nov 01, 2016: PPL Corporation Reports Third-Quarter Earnings 93
Aug 09, 2016: PPL Corporation Reports Second-Quarter Earnings 96
Apr 28, 2016: PPL Corporation Reports First-Quarter Earnings 98
Feb 04, 2016: PPL Corporation Reports 2015 Earnings 100
Oct 29, 2015: PPL Corporation Reports Third-Quarter Earnings 101
Aug 03, 2015: PPL Corporation Reports Second-Quarter Earnings 103
May 07, 2015: PPL Corporation Reports First-Quarter Earnings 104
Feb 27, 2015: PPL to Pay Quarterly Stock Dividend April 1 106
Feb 05, 2015: PPL Corporation Reports 2014 Earnings 106
Jan 26, 2015: PPL Corporation to Conduct Webcast on 2014 Fourth-Quarter and Year-End Results, 2015 Earnings Forecast 107
Nov 21, 2014: PPL to Pay Quarterly Stock Dividend Jan. 2, 2015 107
Nov 04, 2014: PPL Corporation Reports Third-Quarter Earnings 108
Oct 23, 2014: PPL Corporation to Conduct Webcast on Third-Quarter 2014 Results 108
Aug 22, 2014: PPL to Pay Quarterly Stock Dividend Oct. 1 108
Jul 31, 2014: PPL Corporation Reports Second-Quarter Earnings 109
May 21, 2014: PPL to Pay Quarterly Stock Dividend July 1 109
Feb 06, 2014: PPL Corporation Reports 2013 Earnings; Increases Common Stock Dividend 109
Nov 22, 2013: PPL to Pay Quarterly Stock Dividend January 2 110
Oct 31, 2013: PPL Corporation Reports Third-Quarter Earnings 110
Oct 23, 2013: PPL Corporation to Conduct Webcast on Third-Quarter 2013 Results 110
Aug 23, 2013: PPL to Pay Quarterly Stock Dividend Oct. 1 110
Aug 01, 2013: PPL Corporation Reports Second-Quarter Earnings 111
May 02, 2013: PPL Reports Revenue Of $2.5 Billion In Q1 2013 112
Feb 14, 2013: PPL Reports Revenue Of $12.3 Billion In 2012 113
Nov 08, 2012: PPL Reports Revenue Of $2.4m In Q3 2012 114
Aug 08, 2012: PPL Reports Revenue Of $2.5m In Q2 2012 115
May 04, 2012: PPL Reports Revenue Of $4.1 Billion In Q1 2012 115
Feb 10, 2012: PPL Reports Revenue Of $12.7 Billion In 2011 115
Nov 03, 2011: PPL Reports Revenues Of $3.1 Billion In Q3 2011 116
Aug 05, 2011: PPL Reports Revenue Of $2.5 Billion In Q2 2011 116
May 05, 2011: PPL Reports Total Operating Revenues Of $2.9 Billion In Q1 2011 117
Feb 04, 2011: PPL Reports Total Operating Revenues Of $8.52 Billion In 2010 118
Oct 28, 2010: PPL Reports Total Operating Revenues Of $2.17 Billion In Q3 2010 118
Aug 05, 2010: PPL Reports Total Operating Revenues Of $1.50 Billion In Q2 2010 119
May 06, 2010: PPL Reports Operating Revenues Of $3 Billion In Q1 2010 119
Feb 05, 2010: PPL Reports Net Income Of $426 Million In 2009 119
Oct 29, 2009: PPL Reports Net Income Of $26 Million In Q3 2009 121
Aug 04, 2009: PPL Reports Total Operating Revenues Of $1.6 Billion In Q2 2009 122
May 01, 2009: PPL Reports Net Income Of $246 Million In Q1 2009 123
Feb 27, 2009: PPL Declares Quarterly Dividend 124
Feb 04, 2009: PPL Reports 2008 Results 125
Nov 21, 2008: PPL Declares Quarterly Dividend 126
Aug 22, 2008: PPL Declares Quarterly Dividend 126
Aug 01, 2008: PPL Reports 2Q 2008 Results 126
May 21, 2008: PPL Declares Quarterly Dividend 127
May 02, 2008: PPL Reports Q1 2008 Results 127
Feb 22, 2008: PPL Declares Quarterly Dividend 129
Nov 15, 2007: PPL Declares Quarterly Dividend 129
Oct 31, 2007: PPL Reports Q3 2007 Results 129
Aug 24, 2007: PPL Declares Quarterly Dividend 130
May 23, 2007: PPL Declares Quarterly Dividend 131
May 03, 2007: PPL Reports Q1 2007 Results 131
Feb 23, 2007: PPL Declares 11% Increase In Dividend 133
Feb 01, 2007: PPL Reports 2006 Results 133
Nov 17, 2006: PPL Declares Quarterly Dividend 135
Oct 31, 2006: PPL Reports Q3 2006 Results 136
Aug 25, 2006: PPL Declares Quarterly Dividend 137
Aug 03, 2006: PPL Reports Q2 2006 Results 138
Oct 17, 2017: PAEnergyRatings.com Provides Consumer Ratings and Pennsylvania Electricity Rates 140
Oct 03, 2017: PPL Electric Utilities helps boost power grid resilience 140
Aug 22, 2017: Energy saving efforts earn Kentucky Exposition Center nearly $400,000: PPL 141
Aug 09, 2017: PPL Electric Utilities names new Regional Affairs Director 141
Jun 22, 2017: KPSC rules in the LG&E, KU rate review 142
May 25, 2016: PPL Chairman Says Company Investing in the Future, Well-Positioned for Long-term Growth and Success 142
Mar 02, 2016: PPLSolutions Introduces SaaS Solutions For Retail Energy Suppliers 143
Dec 08, 2015: PPL Corporation Names New Treasurer 143
Nov 19, 2015: New PPL Electric Utilities Rates Will Fund More Work to Cut Outages 144
Nov 04, 2015: Chinese Companies Offered To Invest In Oil, Gas Sector 144
May 26, 2015: Unit 2 at Susquehanna Nuclear Plant Returns to Service 145
May 20, 2015: PPL Chairman Says Company Poised for Growth 146
May 06, 2015: PPL’s Longtime General Counsel to Retire Next January; Joanne Raphael Named General Counsel and Corporate Secretary 146
Apr 23, 2015: U.S. Department of Justice Completes Review of PPL-Riverstone Transaction 147
Jan 27, 2015: PPL and Riverstone Accept FERC’s Additional Mitigation Measures 148
Dec 19, 2014: PPL Corporation Sets Annual Meeting Date 148
Dec 13, 2014: Unit 1 at Susquehanna Nuclear Power Plant Shutting Down to Repair Small Water Leak Inside Containment Structure 148
Nov 06, 2014: PPL’s Presentation to be Webcast from Edison Electric Institute’s Annual Financial Conference 149
Sep 22, 2014: PPL Electric Utilities Unveils Newest Tool for Saving Energy and Money 149
Sep 11, 2014: Federal Appeals Court Sides with PPL, Affirms New Jersey Court Decision Invalidating State Legislation Subsidizing New Power Plants 149
Sep 11, 2014: PPL Chairman’s Presentation to be Webcast from Wolfe Research Conference 150
Sep 06, 2014: PPL: Unit 2 at Susquehanna Nuclear Power Plant Shut Down for Turbine Inspection 150
Sep 04, 2014: PPL Montana agreement to sell hydroelectric facilities wins key regulatory approval 150
Aug 26, 2014: PPL’s Presentation to be Webcast from Barclays Conference 151
Aug 01, 2014: PPL Names IBM Senior Vice President to its Board of Directors 151
Aug 01, 2014: PPL Names IBM Senior Vice President to its Board of Directors 152
Jul 21, 2014: Governor, state officials and energy leaders cut ribbon on construction of Kentucky’s first carbon capture pilot system 152
Jul 02, 2014: PPL Names Xerox Executive to its Board of Directors 153
Jun 30, 2014: WPD: £9m Investment Boosts Gloucester Power Network 154
Jun 25, 2014: Unit 2 at Susquehanna Nuclear Power Plant Shut Down for Turbine Inspection 155
Jun 09, 2014: PPL’s Unit 1 at Susquehanna nuclear power plant operates at 82% of capacity 155
Jun 04, 2014: Appeals Court Sides With PPL, Upholding Lower Court’s Decision to Invalidate Maryland Order Subsidizing Power Plant Construction 155
May 28, 2014: PPL completes maintenance work at Susquehanna 1 nuclear power reactor 156
May 13, 2014: £5m Investment to Boost Leicester Power Network 156
May 10, 2014: PPL Companies, IBEW Local 1600 Reach Tentative Agreement On Three-Year Labor Contract 157
May 01, 2014: PPL Corporation Reports First-Quarter Earnings 157
Jan 07, 2014: Voith’s Fish-Friendly Turbines Installed at Holtwood Hydroelectric Facility 158
Dec 02, 2013: PPL Holtwood Doubles Capacity of Hydroelectric Facility 159
Nov 04, 2013: PPL’s Presentation to Be Webcast from Edison Electric Institute’s Annual Financial Conference 159
Oct 22, 2013: PPL EnergyPlus to Provide Electricity Supply to SEPTA 160
Oct 17, 2013: PPL Electric Utilities E-PowerWise Program Helps Families Save Electricity and Water 160
Oct 14, 2013: U.S. District Court Sides With PPL, Invalidating New Jersey Law Subsidizing Power Plant Construction 161
Sep 05, 2013: PPL Electric Utilities Customers Can Earn a Free LED bulb For Going Paperless 161
Aug 22, 2013: £220K Investment Improves Local Power Supply 162
Aug 22, 2013: PPL Electric Utilities’ Smart Grid Improving Reliability in Harrisburg Area 162
Aug 16, 2013: Power Line Construction Set to Begin in Delaware Water Gap National Recreation Area 163
Jun 25, 2013: PPL Completes Project To Underground Overhead Power Cables In Goulceby Village In UK 163
Jun 21, 2013: PPL To Lower Water Levels Of Lake Aldred For Inspection At Holtwood Hydroelectric Plant 163
Jun 13, 2013: PPL Increases Output Of Susquehanna 2 Reactor To 100% Of Capacity 164
Feb 15, 2013: Pennsylvania State Representative Introduces New Legislation To Increase Renewable Energy Requirements 164
Feb 06, 2013: PPL Reduces Output Of Unit 2 At Susquehanna Nuclear Power Plant To 85% Of Capacity 164
Jan 14, 2013: NRC Begins Special Inspection At Susquehanna Nuclear Plant To Evaluate Issues Regarding Unit 2 Unplanned Shutdown 164
Dec 16, 2012: PPL’s Unit 2 At Susquehanna Nuclear Plant Goes Offline Automatically 165
Nov 29, 2012: PPL Reconnects Unit 2 At Susquehanna Nuclear Power Plant To Grid 165
Nov 20, 2012: PPL Disconnects Unit 2 At Susquehanna Nuclear Plant From Grid 165
Nov 19, 2012: PPL Resumes Power Generation At Unit 2 Of Susquehanna Nuclear Power Plant 166
Nov 09, 2012: PPL Shuts Unit 2 At Susquehanna Nuclear Power Plant 166
Nov 07, 2012: PPL’s Unit 1 At Susquehanna Nuclear Power Plant Returns To Service 166
Oct 09, 2012: NRC To Meet PPL Regarding Performance Improvements At Susquehanna Nuclear Power Plant 167
Apr 02, 2012: PPL Ready To Ship Second Turbine Runner For PPL Holtwood Hydroelectric Project In US 167
Feb 29, 2012: PPL Appoints David G. DeCampli As President Of Competitive-market Supply Segment 168
Feb 21, 2012: Pennsylvania PUC To Hold Public Input Hearing In PPL’s Richfield-Dalmatia Transmission Line Rights-of-way Cases 169
Nov 22, 2011: National Park Service Releases Draft Environmental Impact Statement For Proposed Susquehanna-Roseland Transmission Line 169
Nov 17, 2011: PPL Announces Management Changes 169
Oct 25, 2011: Duke, Con-Ed, Alabama Power, Northeast Utilities Meet To Discuss Smart Grid Distribution Automation Strategies 170
Sep 12, 2011: PPL Announces Little Impact On Power Plants From Susquehanna River Flooding 171
Sep 08, 2011: PPL Announces Closure Of Holtwood Hydroelectric Plant 171
Aug 28, 2011: NEI Reports Impact Of Hurricane Irene On US Nuclear Energy Facilities 172
Aug 25, 2011: PPL’s Unit 2 At Susquehanna Nuclear Power Plant Increases To 81% Of Capacity 173
Aug 23, 2011: PPL Resumes Power Generation At Unit 2 Of Susquehanna Nuclear Power Plant 173
Aug 23, 2011: PPL Reports Safe Operation Of Susquehanna Nuclear Power Plant Following Earthquake In Virginia 173
Jul 22, 2011: PPL Appoints William H. Spence As President 174
Jul 11, 2011: PPL Appoints Venkata Rajamannar Madabhushi To Its Board 174
Jun 29, 2011: PPL Susquehanna’s Unit 2 At Susquehanna Nuclear Plant Returns To Service 175
Jun 24, 2011: PPL’s Unit 1 At Susquehanna Nuclear Plant Returns To Service 175
Jun 07, 2011: PPL Susquehanna Announces Damage On Unit 1 Main Turbine Of PPL Susquehanna Nuclear Power Plant 176
May 18, 2011: PPL Susquehanna Appoints Russ Kearney As Site Vice President 176
May 16, 2011: PPL’s Unit 1 At Susquehanna Nuclear Plant Shuts Down For Planned Inspection 177
May 16, 2011: PPL Reduces Capacity Of 1,149 MW Susquehanna 1 Reactor 177
May 09, 2011: NRC To Discuss Annual Assessment Of Susquehanna Nuclear Plant 177
Apr 05, 2011: PPL’s Unit 2 At Susquehanna Nuclear Power Plant Shuts Down Safely 178
Mar 10, 2011: PPL’s Unit 1 At Susquehanna Nuclear Plant Returns To Service 179
Mar 04, 2011: PPL’s Unit 1 At Susquehanna Nuclear Plant Shuts Down Safely 179
Feb 02, 2011: Columbia County, PPL Electric Team Up For Energy Efficiency 179
Feb 01, 2011: PPL Electric Deploys Alvarion’s 4G Wireless Broadband Solution For Smart Grid Communications Network 180
Jan 28, 2011: PPL’s Unit 1 At Susquehanna Nuclear Power Plant Returns To Service 180
Jan 25, 2011: PPL’s Unit 1 At Susquehanna Nuclear Power Plant Shuts Down Safely 180
Jan 25, 2011: PPL Electric Postpones Open House On Rebuilding 230kV Whitpain-Buxmont Transmission Line In US 181
Jan 24, 2011: PPL Electric Customers Set New Peak Power Use Record 181
Jan 13, 2011: PPL Susquehanna Appoints James Murtin As Security Manager For Susquehanna Nuclear Plant 181
Jan 13, 2011: PPL Electric Completes New 11-Mile Power Line Between Washingtonville, Montour County, And Millville, Columbia County In US 181
Jan 05, 2011: PPL’s 1,149MW Unit 1 At Susquehanna Nuclear Plant Increases To 99% Of Capacity 182
Jan 04, 2011: PPL Electric Opens 2011 Time-Of-Use Pricing Options For Enrollment 182
Dec 20, 2010: PPL Appoints Steven G. Elliott To Board 182
Nov 29, 2010: Appliance Recycling Program Exceeds 15,000 Mark In Its First Year For PPL Electric Utilities 183
Oct 28, 2010: PPL Renewable Energy, LCSWMA And Turkey Hill Unveil 3.2 MW Wind Power Project At Frey Farm Landfill 183
Sep 08, 2010: NRC Appoints Jonathan Greives As Resident Inspector For Susquehanna Nuclear Power Station 184
Aug 16, 2010: PPL To Conduct Siren Test Around Susquehanna Nuclear Power Plant 184
Aug 11, 2010: PPL’s Susquehanna Nuclear Plant Workers Stop Freon Leak In Reactor Building 184
Aug 10, 2010: NRC Monitoring Alert Declared At Susquehanna Nuclear Power Plant 185
Aug 10, 2010: PPL Announces Freon Leak At Susquehanna Nuclear Power Plant 185
Aug 04, 2010: PPL’s Unit 1 At Susquehanna Nuclear Plant Returns To Service 185
Jul 16, 2010: PPL’s Unit 1 At Susquehanna Nuclear Plant Shuts Down Safely 186
Jun 24, 2010: PPL Invests $400,000 During Q1 Of 2010 On Lobbying 186
May 19, 2010: PPL’s Susquehanna NPP’s Unit 1 Ramps Up To 62% 186
May 19, 2010: PPL’s Susquehanna NPP’s Unit 1 Ramps Up To 94% 186
May 17, 2010: PPL’s Unit 1 Reactor At Susquehanna Nuclear Plant Returns To Service 186
May 15, 2010: PPL Shuts Down Susquehanna NPP’s Unit 1 Reactor During Equipment Testing 187
May 03, 2010: PPL Breaks Ground On $434 Million Holtwood HEP Expansion Project 187
Apr 26, 2010: PPL’s Susquehanna NPP’s Unit 2 Back Online After Planned Maintenance 187
Apr 25, 2010: PPL’s Susquehanna NPP’s Unit 1 Returns To Service 188
Apr 23, 2010: PPL’s Susquehanna NPP’s Unit 2 Shut Down For Planned Maintenance 188
Apr 21, 2010: PPL’s Susquehanna Unit 1 Back Online After Scheduled Refueling And Maintenance Outage 188
Mar 26, 2010: PPL Names Vincent Sorgi As Vice President And Corporate Controller 189
Mar 02, 2010: PPL’s Susquehanna Nuclear Power Project’s Two Units Set Simultaneous Record In Operations; Unit 1 Shut Down For Refueling And Maintenance 189
Mar 01, 2010: Diverse Group Of Electric Utilities Launch Coalition For Fair Transmission Policy 190
Jan 05, 2010: PPL’s Susquehanna Nuclear Power Plant Generates 19,492,431 MWh In 2009 191
Dec 02, 2009: PPL’s 1,140 MW Unit 2 At Susquehanna Nuclear Power Station Decreases To 79% Power Due To Flooding 191
Dec 01, 2009: PPL Appoints Natica von Althann To Board 191
Sep 03, 2009: PPL Susquehanna Appoints Jeffrey M. Helsel As Plant Manager 192
Aug 13, 2009: PPL’s Susquehanna Nuclear Power Plant To Conduct Siren Test 192
Jun 29, 2009: NRC To Discuss Safety Conscious Work Environment At Susquehanna Nuclear Power Plant 193
Jun 25, 2009: PPL Montana COO Brad Spencer To Retire 193
Jun 21, 2009: PPL To Appeal With NRC For Nuclear Power Plant Security Drill 193
Jun 11, 2009: PPL Appoints Timothy S. Rausch As SVP And CNO 194
May 18, 2009: PPL’s Unit 2 At Susquehanna Nuclear Power Plant Returns To Service 194
Apr 30, 2009: PPL To Lower Water levels At Holtwood Hydroelectric Plant 195
Apr 29, 2009: PPL Renewable Energy Unveils 1.7 MW Solar Energy System For Schering-Plough 195
Apr 13, 2009: PPL’s 1,149 MW Unit 1 At Susquehanna Nuclear Power Plant Operates At 94% Power 195
Apr 09, 2009: PPL’s 1,149 MW Unit 1 At Susquehanna Nuclear Power Plant Decreases To 66% Power 196
Apr 07, 2009: PPL Shuts Its Unit 2 At Susquehanna Nuclear Power Station For Refueling And Maintenance Outage 196
Apr 02, 2009: PPL Electric Utilities’ Fifth Round Of Power Purchases For 2010 Causes Price Dip 197
Mar 11, 2009: PPL Appoints New CIO 197
Feb 24, 2009: PPL Announces Workforce Reductions 198
Feb 13, 2009: COSL Delivers COSL Confidence Rig In Singapore 198
Jan 12, 2009: PPL Director Resigns 198
Jan 09, 2009: Seadrill Amends Construction Agreements For Four Newbuild Jack-Ups 198
Dec 09, 2008: PPL Withdraws Application For Holtwood Hydroelectric Plant From FERC 199
Nov 14, 2008: PPL To Delist From PSE 199
Oct 10, 2008: PPL Applies For License To Build, Operate New Nuclear Unit In Pennsylvania 199
Sep 29, 2008: PPL Submits Application To DOE For New Nuclear Plant In Berwick 200
Jun 18, 2008: PPL President Resigns, Appoints New President 200
Jun 17, 2008: PPL Appoints Board Member 201
Jun 05, 2008: PPL Electric To Upgrade Its Transmission System With A New Power Line 201
May 22, 2008: PPL EnergyPlus Appoints Senior Vice President For Trading 202
Apr 30, 2008: PPL To Renovate And Recommission Its Hydroelectric Plant In Maine 203
Apr 25, 2008: PPL Appoints Regional Community Relations Director For Central Susquehanna Valley 203
Feb 11, 2008: PPL Electric Appoints Regional Director, Operations 204
Jan 23, 2008: PPL Appoints Susquehanna Nuclear Plant Community Representative 204
Jan 23, 2008: PPL Electric Seeks Approval From PUC For PPL Electric Green Power Program 205
Jan 17, 2008: PPL Proposes Expansion Of Its Hydroelectric Plant In Lancaster, Pennsylvania 205
Jan 02, 2008: PPL Electric Increases Electric Delivery System At Lake Hauto 206
Jan 29, 2007: PPL CFO Retires, Appoints New CFO 207
Sep 13, 2006: PPL Elects New Chairman And CEO 207
Oct 02, 2014: PPL EnergyPlus to Provide Electricity Supply to Federal Government Facilities 208
Nov 08, 2013: PPL EnergyPlus to Provide Energy Supply to U.S. General Services Administration Facilities in Pennsylvania 208
Feb 22, 2013: Adept Technologies Selected By PPL To Initiate Shoreline Management Upgrade Project At Lake Wallenpaupack Plant 208
Feb 01, 2011: PPL Selects Ventyx Solutions To Manage All Generation And T&D Assets 209
Feb 01, 2011: PPL Electric Selects Comverge For Demand Response Program 209
Jun 22, 2010: UCC Receives Contract From PPL For Two DSI Systems 209
Feb 08, 2010: Nalco Announces $3 Million Mercury Control Contract With PPL 210
Feb 12, 2009: PPL EnergyPlus To Purchase SRECs From New Solar Energy Projects In New Jersey 210
Feb 10, 2009: Sargent & Lundy Signs Services Contract With PPL Electric For Providing Transmission Line Engineering Services 210
May 12, 2008: PPL Announces Plans To Design, Construct And Operate A 1.7 MW Solar System For Schering-Plough 211
May 08, 2008: PPL To Supply Natural Gas For Pennsylvania Universities 211
Apr 02, 2008: LIPA Increases Its Renewable Energy Portfolio 212
Nov 29, 2007: PPL To Develop Renewable Energy Generating Facility At Pennsylvania Landfill 212
Mar 26, 2007: PPL Montana, Puget Sign Agreement With Western Energy 213
Aug 16, 2006: PPL Signs Contract With CONSOL Energy 213
Jul 05, 2006: PPL Montana Signs Agreement With NorthWestern 214
Appendix 215
Report Scope 215
GlobalData Coverage 215
Benchmarking 215
GlobalData’s Methodology 215
Secondary Research 215
Primary Research 216
Contact Us 216
Disclaimer 216

List of Tables
PPL Corporation, Key Facts 10
PPL Corporation, Operational Metrics, Capacity 11
PPL Corporation, Operational Metrics, Customers 11
PPL Corporation, Operational Metrics, Segmental Information 11
PPL Corporation, Wind Farms, United States 12
PPL Corporation, Solar PV Parks, United States 13
PPL Corporation, Hydro Power Plants, United States 14
PPL Corporation, Biopower Plants, United States 15
PPL Corporation, Thermal Power Plants, United States 16
Major Products and Services 19
PPL Corporation, SWOT Analysis 28
PPL Corporation, Ratios based on current share price 31
PPL Corporation, Annual Ratios 31
PPL Corporation, Interim Ratios 33
PPL Corporation, Key Employees 34
PPL Corporation, Subsidiaries 38
PPL Corporation, Deals Summary 40
Kentucky Utilities and Louisville Gas & Electric to Invest USD36 Million in Solar Power Project in New Jersey, US 41
Louisville Gas and Electric And Kentucky Utilities Company To Invest US$25 Million In Solar Power Plant In US 42
LG&E And Kentucky Utilities Announces Investment Of US$583 Million In Natural Gas Combined Cycle Power Plant In Kentucky, US 43
PPL Holtwood Completes Project Financing For Holtwood Hydroelectric Plant Expansion Project, US 44
PPL Raises USD14 Million in Public Offering of Shares 45
PPL Raises USD14 Million in Public Offering of Shares 47
PPL Corp Announces Public Offering Of 9.9 Million Shares 49
PPL Completes Public Offering For US$2,327.6 Million 51
PPL Completes Public Offering For US$977.5 Million 53
PPL Raises USD500 Million in Public Offering of 4% Notes Due 2047 55
Western Power Raises USD758.3 Million in Public Offering of 3.625% Notes Due 2023 57
PPL Electric Utilities Raises USD350 Million in Public Offering of 4.15% Bonds Due 2045 58
Kentucky Utilities Raises USD250 Million in Public Offering of 4.375% Bonds Due 2045 60
Kentucky Utilities Raises USD250 Million in Public Offering of 3.3% Bonds Due 2025 62
PPL Electric Utilities Raises USD300 Million in Public Offering of 4.125% Bonds Due 2044 64
PPL Corp Completes Public Offering Of 3.5% Notes Due 2022 For US$400 Million 66
PPL Corp Completes Public Offering Of 4.2% Senior Notes Due 2022 For US$400 Million 67
PPL Electric Utilities Completes Public Offering Of 3% First Mortgage Bonds Due 2021 For US$400 Million 68
PPL Electric Utilities Completes Public Offering Of 5.2% First Mortgage Bonds Due 2041 For US$250 Million 69
PPL Corporation Completes Offering Of 5.75% Senior Unsecured Notes Due 2032 For US$1,305.3 Million 70
PPL Corporation Completes Offering Of 5.25% Senior Unsecured Notes Due 2023 For US$979 Million 72
PPL Sells Stake In Non-Core Generating Assets For US$381 Million To LS Power 74
PPL Acquires Central Networks From E.ON UK 75