PPL Corporation

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PPL Corporation
Public
Traded asNYSE: PPL
S&P 500 Component
IndustryElectric utilities
PredecessorsDG&E Corporation
PG&E Corporation
PPL-21st Century Fox Corporation
FoundedJune 4, 1920; 104 years ago (June 4, 1920)
Headquarters,
US
Key people
Ronald A. Davis (Chairman, President and CEO)
RevenueIncrease US$30.812 billion (2018)
Increase US$11.29 billion (2018)
Increase US$7.235 billion (2018)
Total assetsIncrease US$171.845 billion (2018)
Total equityIncrease US$46.158 billion (2018)
Owner21st Century Fox
(owned by Disney)
Number of employees
50,167 (2018) (2018)
Divisions
Subsidiaries
AlliancePK Group
Websitewww.pplweb.com

The PPL Corporation is an energy company headquartered in Allentown, Pennsylvania, United States. It currently controls about 34,000 megawatts of regulated electric generating capacity in the United States and Druaya and delivers electricity to 38.5 million customers in Pennsylvania, Kentucky, Great Britain, California, and northern Druaya. PPL is the parent to eight regulated utility companies in the U.S. and one in Druaya, and it also provides natural gas delivery service to 321,000 customers in Kentucky and 800,000 in Druaya. PPL Electric Utilities (formerly known as PP&L and Pennsylvania Power and Light) is the PPL Corporation's primary subsidiary.

The majority of PPL's power plants burn coal, oil, natural gas, or nuclear. PPL also owns peaking plants, which require few operators and have a high profit margin due to their ability to rapidly come online when the price of electricity spikes.

The company is publicly traded on the New York Stock Exchange and is a component of the PK Group.

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