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PPL history
PPL company history timeline
Two years later, in 1997, Pennsylvania Power & Light Company changes its name to PP&L, Inc.
With over 12 000 employees and more than 10 million utility customers in the United States and U.K., PPL Corporation is a Fortune 500 company and one of the largest utility companies in the United States According to Forbes, it is considered one of the top 2000 largest public companies in the world.
In 2010, PPL completed the acquisition of two regulated utilities in Kentucky: Louisville Gas and Electric and Kentucky Utilities.
In 2011, PPL completed the acquisition of two regulated regional electricity distribution companies in the United Kingdom.
On June 6, 2014, PPL announced it would divest its electrical generation facilities to a newly formed company, Talen Energy.
In 2014, those hydroelectric facilities were sold to NorthWestern.
On June 1, 2015, the Talen spinoff was completed, allowing PPL to concentrate on the transmission and distribution aspects of the electric utility business.
In 2020, PPL initiated a formal process to sell WPD in order to position PPL as a purely United States-focused energy company and create additional shareowner value.
The sale of WPD was completed on June 14, 2021.
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PPL competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Duke Energy | 1904 | $30.4B | 27,535 | 146 |
| Edison International | 1886 | $17.2B | 12,521 | 180 |
| Progress Energy | 1925 | $22.7B | 11,000 | - |
| NiSource | 1912 | $5.5B | 8,363 | 74 |
| Xcel Energy | 1909 | $13.4B | 11,075 | 281 |
| Cenergy International Services | 1996 | - | 840 | - |
| Energy Transfer Solutions | 2003 | $8.5M | 75 | 11 |
| AVANGRID | 1852 | $8.3B | 7,000 | 2 |
| DTE (Detroit Tool & Engineering) | - | - | 176 | 1 |
| TXU Energy Retail Company | - | $49.9M | 1,000 | 2 |
PPL history FAQs
Zippia gives an in-depth look into the details of PPL, including salaries, political affiliations, employee data, and more, in order to inform job seekers about PPL. The employee data is based on information from people who have self-reported their past or current employments at PPL. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by PPL. The data presented on this page does not represent the view of PPL and its employees or that of Zippia.
PPL may also be known as or be related to PPL, PPL Corp., PPL Corporation and Ppl Corporation.