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Form 8-K · Current Report · Filed 2025-07-29

LG&E and KU Reach Stipulation Agreement with Intervenors on New Generation Projects

On July 29, 2025, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) announced the filing of a stipulation and recommendation with the Kentucky Public Service Commission (KPSC) to resolve issues with intervenors in their ongoing proceedings.

Filer
PPL Corporation PPL · NYSE
Filed
Accession
0000922224-25-000030
CIK
0000922224
Signal
High impactUtilities

Details

The stipulation supports the construction of two 645-megawatt natural gas combined-cycle units at Brown 12 and Mill Creek 6, installation of a selective catalytic reduction facility at Ghent Unit 2, and the extension of the operation of Mill Creek Unit 2. The companies also withdrew their request for a battery storage project at Cane Run. The KPSC is expected to rule on the matter during the fourth quarter of 2025.

Items reported

Item 8.01

Other Events

Regulatory Approval Regulatory Investigation
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$35.71

Next session

+0.9%

Since filing

-1.4%

Latest close

$35.21

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from PPL reporting the same item, with the next session's move:

Exhibits (1)

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.

Exchange NYSE Industry Utilities - Regulated Electric Company website ↗

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