PPL Corporation

09/23/2021 | Press release | Distributed by Public on 09/23/2021 15:29

Regulation FD Disclosure (Form 8-K)

Regulation FD Disclosure

On September 23, 2021, the Federal Energy Regulatory Commission (the "Commission"), in response to an application filed by PPL Corporation (the "Company") and The Narragansett Electric Company ("Narragansett"), issued an order authorizing, as consistent with the public interest, the disposition of jurisdictional facilities that will result in PPL Rhode Island Holdings, LLC, an indirect wholly-owned subsidiary of PPL Corporation, acquiring 100% of the outstanding shares of common stock of Narragansett (the "Transaction").

The remaining required regulatory approval from the Rhode Island Division of Public Utilities and Carriers for the Transaction is proceeding, and the Company continues to expect that the Transaction will be completed by March 2022.

As provided in General Instruction B.2 of Form 8-K, the information contained in Item 7.01 of this Form 8-K shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall any such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.