Profile: PPL Corp (PPL.N)

PPL.N on New York Stock Exchange

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PPL Corporation (PPL), incorporated on March 15, 1994, is an energy and utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky; generates electricity from power plants in the northeastern, northwestern and southeastern United States, and markets wholesale or retail energy primarily in the northeastern and northwestern portions of the United States. PPL operates through four segments: U.K. Regulated, Kentucky Regulated, Pennsylvania Regulated and Supply.

U.K. Regulated Segment

The U.K. Regulated Segment consists of PPL Global, which includes WPD Ltd's (WPD) regulated electricity distribution operations. WPD, through indirect wholly owned subsidiaries, operates four of the 15 regulated distribution networks providing electricity service in the United Kingdom. The number of network customers (end-users) served by WPD totals 7.8 million across 21,600 square miles in Wales and southwest and central England.

Kentucky Regulated Segment

Kentucky Regulated segment consists of the operations of LG&E and KU Energy LLC (LKE), which owns and operates regulated public utilities engaged in the generation, transmission, distribution and sale of electricity and distribution and sale of natural gas, representing primarily the activities of Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU). LG&E and KU, direct subsidiaries of LKE, are engaged in the regulated generation, transmission, distribution and sale of electricity in Kentucky and, in KU's case, Virginia and Tennessee. LG&E also engages in the distribution and sale of natural gas in Kentucky. LG&E provides electric service to approximately 400,000 customers in Louisville and adjacent areas in Kentucky, covering approximately 700 square miles in nine counties and provides natural gas service to approximately 321,000 customers in its electric service area and eight additional counties in Kentucky. KU provides electric service to approximately 515,000 customers in 77 counties in central, southeastern and western Kentucky, approximately 28,000 customers in five counties in southwestern Virginia, and fewer than ten customers in Tennessee, covering approximately 4,800 non-contiguous square miles. KU also sells wholesale electricity to 12 municipalities in Kentucky under load following contracts. In Virginia, KU operates under the name Old Dominion Power Company.

Pennsylvania Regulated segment

The Pennsylvania Regulated segment includes the regulated electricity delivery operations of PPL Electric Utilities Corporation (PPL Electric). PPL Electric delivers electricity to approximately 1.4 million customers in a 10,000-square mile territory in 29 counties of eastern and central Pennsylvania. PPL Electric also provides electricity supply to retail customers in this area.

Supply segment

The Supply segment consists primarily of the activities of PPL Energy Supply, LLC's subsidiaries, PPL Generation, LLC (PPL Generation) and PPL EnergyPlus, LLC (PPL EnergyPlus). PPL Generation owns and operates domestic power plants to generate electricity and acquires and develops domestic generation projects. PPL EnergyPlus markets and trades electricity, natural gas, and other energy-related products in wholesale and retail markets.

Company Address

PPL Corp

2 N 9th St
ALLENTOWN   PA   18101-1139
P: +1610.7745151
F: +1610.7745281

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