PPL Corporation
PPL Corporation is a leading U.S. energy company headquartered in Allentown, Pennsylvania, focused on delivering electricity and natural gas safely, reliably, and affordably. The company's mission is to create utilities of the future by building smarter, more resilient, and dynamic power grids, and advancing sustainable energy solutions for its customers. PPL Corporation was founded as Pennsylvania Power & Light in 1920 and is publicly traded on the New York Stock Exchange.
Through its family of companies, PPL Corporation provides electric distribution, electric transmission, gas distribution, gas transmission, and regulated generation services. Its key operating subsidiaries include PPL Electric Utilities in Pennsylvania, Louisville Gas and Electric Company and Kentucky Utilities Company (LG&E and KU) in Kentucky, and Rhode Island Energy. Together, these entities serve over 3.6 million customers across Pennsylvania, Kentucky, and Rhode Island.
Led by President and CEO Vincent Sorgi, PPL Corporation is positioned as one of the largest investor-owned utility companies in the United States, with a strategic focus on U.S. operations following the divestiture of its UK utility business and acquisition of Rhode Island Energy in recent years. The company is actively investing $23 billion in infrastructure improvements through 2029 to modernize its grid, enhance reliability, and support the transition to cleaner energy, with a goal of achieving net-zero carbon emissions by 2050. PPL has reported strong financial performance, including consistent earnings per share and dividend growth, and continues to engage in initiatives such as green energy partnerships and exploring advanced energy technologies.
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