PPL (ASX: PPL) — Company Overview, News & Financial Data
PPL is a utility company delivering electricity and natural gas across the U.S. and UK with sustainable energy solutions.
PPL
PPL is a utility holding company that delivers electricity and natural gas to customers in the United States. Headquartered in Allentown, Pennsylvania, the company operates regulated public utilities across Pennsylvania, Kentucky, Rhode Island, and Virginia. Its primary operating subsidiaries include PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities, and Rhode Island Energy. Through these entities, the company builds, operates, and maintains electric transmission and distribution networks alongside natural gas distribution networks, providing regulated energy delivery services to more than 3.5 million customers.
Snapshot
Operations
Products and/or services of PPL
- Electric Transmission and Distribution: Operation and maintenance of regulated high-voltage transmission lines and regional distribution networks delivering electricity to approximately 1.5 million customers across 29 counties in central and eastern Pennsylvania.
- Regulated Natural Gas Delivery: Provision of regulated natural gas distribution and transportation services to approximately 338,000 residential, commercial, and industrial customers through thousands of miles of gas mains located across Louisville and surrounding areas in Kentucky.
- Integrated Electric Utility Operations: Generation, transmission, and distribution of electricity serving approximately 1.3 million customers across Kentucky and Virginia through a combination of coal-fired, natural gas, hydroelectric, and solar power generation facilities.
- New England Energy Delivery: Operation and maintenance of electricity transmission and distribution networks as well as natural gas distribution infrastructure, delivering energy services to more than 780,000 residential, commercial, and industrial customers across Rhode Island.
- Grid Modernization and Automation: Implementation of smart grid technologies, automated outage detection, dynamic load control systems, and automated line switches across distribution infrastructure to enhance grid reliability and facilitate renewable energy integration.
- Capital Infrastructure Development: Execution of long-term capital expansion projects focused on replacing aging distribution utility assets, hardening overhead power infrastructure against extreme weather events, upgrading regional substations, and constructing modern high-voltage transmission lines.
PPL executive team
- Mr. Vincent Sorgi CPAPresident, CEO & Director
- Mr. Joseph P. Bergstein Jr.Executive VP & CFO
- Mr. Dean Anthony Del VecchioExecutive VP and Chief Technology & Innovation Officer
- Ms. Wendy E. StarkExecutive VP of Utilities & Chief Legal Officer
- Mr. Andrew LudwigVice President of Investor Relations
- Mr. Stephen K. BreiningerVP of Corporate Audit & Chief Compliance Officer
- Mr. Ryan HillSenior Director of Corporate Communications
- Ms. Angela K. GosmanExecutive VP & Chief Human Resources Officer
- Mr. W. Mark BrooksVP & Chief Information Security Officer
- Mr. John R. Crockett IIIChief Development Officer