Tag Archives: Pennsylvania Power & Light

PPL purchase of LG&E, KU complete

The Pennsylvania-based PPL Corp. officially took control of the Louisville Gas and Electric Company and Kentucky Utilities yesterday, after acquiring the two utility companies from E.ON U.S. for $7.6 billion. The deal won’t have any immediate impact on local customers and no employee cuts will be made. After months of deliberation, the sale was approved [...]

Public Service Commission approves sale of LG&E to polluting PPL

After months of deliberation and review, the Kentucky Public Service Commission has finally approved the sale of E-ON US (owner of Louisville Gas & Electric and sister company Kentucky Utilities) to Pennsylvania Power & Light (PPL) for $7.625 billion. Here are the goods from a KPSC press release: In an order issued today, the PSC [...]