![]() ![]() Together, with two previously acquired regional electricity distribution companies, they operate under the name Western Power Distribution (WPD). In 2011, PPL completed the acquisition of two regulated regional electricity distribution companies in the United Kingdom. In 2010, PPL completed the acquisition of two regulated utilities in Kentucky: Louisville Gas and Electric and Kentucky Utilities. In 2014, those hydroelectric facilities were sold to NorthWestern. This added over 2,500 MW of capacity and was the largest expansion in PPL's history. The largest of these transactions was PPL's 1998 purchase of 13 plants from Montana Power (leaving NorthWestern Energy – the buyer of the former Montana Power transmission and distribution systems – vulnerable to high "spot" prices on the energy market). The company limited its activities to Pennsylvania until deregulation of electrical utilities in the 1990s encouraged PPL to purchase assets in other states. In 1995, it reorganized as a holding company, PP&L Resources, which changed its name to its current name, PPL Corporation, in 2000. It gradually extended its service territory to a crescent-shaped region of central and northeastern Pennsylvania stretching from Lancaster through the Lehigh Valley into Scranton and Wilkes-Barre. ![]() ![]() Pennsylvania Power & Light was founded in 1920 out of a merger of eight smaller Pennsylvania utilities. The company is publicly traded on the New York Stock Exchange. PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. ![]()
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