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Stock Market & Financial Investment News

News Breaks
December 28, 2012
11:47 EDTPPLPPL subsidiary submits Northeast-Pocono Reliability Project to PUC for approval
PPL Electric Utilities has submitted the Northeast-Pocono Reliability Project to the Pennsylvania Public Utility Commission, or PUC, for approval. The project will improve electric service for 250,000 people in northeast Pennsylvania and the Poconos. It will involve construction of three new electrical substations and a new 230-kilovolt power line. The PUC review process generally takes about one year, during which there are opportunities for additional public input. The project, which will cost about $200M, will serve customers in parts of Lackawanna, Monroe, Wayne, Pike, Carbon and Luzerne counties.
News For PPL From The Last 14 Days
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May 21, 2015
17:20 EDTPPLTalon Energy Corp. to replace Windstream in S&P 400 as of 6/1 close
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May 20, 2015
11:13 EDTPPLPPL Corp. Chairman says company poised for growth following spinoff
PPL Corporation Chairman William Spence said the company is well-positioned for continued growth and success following the planned June 1 spinoff of its competitive supply business. PPL expects to achieve compound annual earnings growth of 4%-6% percent through at least 2017. The company is set to complete the spinoff of its PPL Energy Supply business on June 1. That business will combine immediately upon spinoff with the competitive generation business of Riverstone Holdings LLC to form a new independent power producer named Talen Energy Corporation.

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