PPL Corp（PPL）资讯与事件PPLPPL Corp

PPL Electric Utilities Receives $71.5M Federal Funding

PPL Electric Utilities joined U.S. Department of Energy Secretary Chris Wright, elected officials, project stakeholders and community leaders to announce that the company has been selected to receive up to $71.5M in federal funding from the U.S. Department of Energy to support the Montour Grid Resilience and Advanced Reconductoring Project, a major modernization of an existing 230-kilovolt transmission corridor. The funding is being made available through the DOE's Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades Program. The proposed Montour Grid Resilience and Advanced Reconductoring Project will rebuild approximately 29.3 miles of existing transmission line, replacing aging infrastructure with advanced technologies that strengthen reliability, enhance the line's available capacity and support growing energy needs while maximizing the use of existing infrastructure, providing long-term reliability and affordability benefits to customers throughout the Susquehanna Valley, Greater Lehigh Valley and Northeast Pennsylvania. "Today's announcement reinforces the Trump Administration's commitment to commonsense energy addition policies that lower electricity prices and strengthen our grid," said U.S. Secretary of Energy Chris Wright. "These investments will get more out of the infrastructure we already have, move more electricity across the grid, and help deliver affordable, reliable and secure power that will fuel American prosperity for decades to come."

PPL Reports Q2 Revenue of $2.11B, Below Expectations

Reports Q2 revenue $2.11B, consensus $2.21B. "Our solid second-quarter results demonstrate continued execution across our regulated utility portfolio and keep us on track to deliver our 2026 commitments," said Vincent Sorgi, PPL president and chief executive officer. "We are benefiting from disciplined cost management, strong operational focus and timely recovery of prudent investments that strengthen service for customers. Those investments are designed to modernize the grid, improve system resilience and support growing demand in a way that protects our existing customers while delivering long-term shareowner returns."

Reaffirms Annual EPS Growth Target of 6%-8%

Reaffirms annual EPS growth target of 6%-8% through at least 2029 with compound annual growth expected to be near top end of the target range.