PPL Corporation and Subsidiaries Announce Credit Facility Amendments

Details

The amendments extend the termination dates from December 6, 2028, to December 6, 2029, and increase the borrowing capacities. Specifically, PPL Capital Funding, Inc.'s facility increased from $1.250 billion to $1.500 billion, PPL Electric Utilities Corporation's from $650 million to $750 million, Louisville Gas and Electric Company's from $500 million to $600 million, and Kentucky Utilities Company's from $400 million to $600 million.

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About PPL Corporation

PPL Corporation is a prominent utility holding company with a primary focus on delivering electricity and natural gas services to a wide range of customers. Headquartered in Allentown, Pennsylvania, PPL Corporation operates through several subsidiaries, providing electricity to millions of residential, commercial, and industrial customers in the United States. The corporation's extensive network includes power generation facilities as well as transmission and distribution systems. PPL is actively involved in the energy sector, influencing both regional and national markets. It strives to maintain reliability and sustainability in its energy supply, with an increasing emphasis on incorporating renewable energy sources and improving grid resilience. The company's operations contribute significantly to the utility industry, impacting economic growth and energy security. Moreover, PPL Corporation plays a vital role in the energy market by investing in innovative technologies and infrastructure development aimed at enhancing energy efficiency and performance. Through strategic planning and a commitment to customer satisfaction, PPL Corporations continues to be a leading participant in the ever-evolving utilities landscape.