BETA. ET. Following a decision by the Bay State's top court, the finalization of the $5.3 billion sale of Rhode Island's primary power company has been halted. ; Achieves 2022 first-quarter ongoing earnings per share of $0.41 vs. $0.28 in 2021.; Remains confident in the value of Narragansett Electric acquisition for shareowners and Rhode Island customers and prepared to close promptly with National Grid. PPL Corp. is in settlement talks with the Rhode Island Attorney General as the Pennsylvania-based Fortune 500 company tries to save its proposed acquisition of Narragansett Electric Co. The Federal Energy Regulatory Commission recently provided Allentown-based PPL Corp. unanimous approval to purchase The Narragansett Electric Co., a Rhode Island utility, from National Grid USA. To date, PPL and National Grid have partnered to achieve four of the five regulatory approvals required for the transaction to proceed. This is a complaint pursuant to R.I.G.L. Allentown, Pa.-based PPL expects to complete the acquisition in March. Latest News. Kentucky and Rhode Island. Remains confident in the value of Narragansett Electric acquisition for shareowners and Rhode Island customers and prepared to close promptly with National Grid. ALLENTOWN, Pa., June 22, 2021 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today that David J. Bonenberger, PPL vice president of Operations Integration, will serve as president of The Narragansett Electric Company upon PPL's planned acquisition of the Rhode Island utility from National Grid. This is PPL's 1st transaction in the United Kingdom. ELECTRIC; PPL CORPORATION; AND PPL : RHODE ISLAND HOLDINGS LLC : COMPLAINT FOR JUDICIAL REVIEW OF AGENCY DECISION . PPL's Kentucky segment earned $0.25 per share for the first quarter, a $0.07 increase over a year ago, which the company said was largely attributable to higher base . PPL would take on electric service for more than half a million Rhode Island customers and gas service for another 270,000 customers. ALLENTOWN, Pa., Feb. 23, 2022 /PRNewswire/ -- PPL Corporation today received approval from the Rhode Island Division of Public Utilities and Carriers to acquire The Narragansett Electric Company from National Grid USA. . By RORY SCHULER. PPL Corporation Earns Top Marks in 2022 Corporate Equality Index. ALLENTOWN, Pa., Feb. 23, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today received approval from the Rhode Island Division of Public Utilities and Carriers to acquire The Narragansett . If approved, NEC will become the sole subsidiary of a newly formed PPL Rhode Island Holdings, LLC, which will then become an indirect subsidiary to PPL. PPL CORPORATION, PPL RHODE ISLAND HOLDINGS, LLC, NATIONAL GRID USA, and THE NARRAGANSETT ELECTRIC COMPANY Docket No. Remains confident in the value of Narragansett Electric acquisition for shareowners and Rhode Island customers and prepared to close promptly with National Grid. PPL Corporation (NYSE: PPL) today received approval from the Rhode Island Division of Public Utilities and Carriers to acquire The Narragansett Electric Company from National Grid USA. PPL Corporation announces planned leadership team for Rhode Island utility pending regulatory approval and completion of acquisition PRESS RELEASE PR Newswire Jun. . ET. Announces 2022 first-quarter reported earnings (GAAP) of $0.37 per share. PPL anticipates completing its acquisition of Narragansett Electric Company this March. Company Summary Statement : PPL Corporation (NYSE: PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably, and affordably to more than 2.5 million customers in the U.S. PPL's high-performing, award-winning utilities - Louisville Gas and Electric, Kentucky Utilities and PPL Electric Utilities - provide an . ALLENTOWN, Pa., Feb. 18, 2022 / PRNewswire. Rhode Island Corporate Communications Specialist Allentown, Pennsylvania Let's start up with the current stock price of PPL Corporation (PPL), which is $26.29 to be very precise. With today's filing in Rhode Island, PPL has submitted all of the regulatory filings required to secure approval for the transactions. ALLENTOWN, Pa., May 5, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced first-quarter 2022 reported earnings (GAAP) of $273 million, or $0.37 per share, compared with a . Internal Title: . National Grid announced Thursday that it's selling its Rhode Island utility business to Pennsylvania-based PPL Corp. Remains confident in the value of Narragansett Electric acquisition for shareowners and Rhode Island customers and prepared to close promptly with National Grid. . PPL remains focused on securing the final approval, which is required from the Rhode Island Division of Public Utilities and Carriers, and continues to expect that the transaction will be completed by March 2022. PPL (PPL-0.31%) Q1 2022 Earnings Call May 05, 2022, 11:00 a.m. Click this link will open a new page in another tab. Apply Here Job Description : For the sixth consecutive year, PPL Corporation has been named a Best Place to Work for LGBTQ+ equality on the Human Rights Campaign Foundation's 2022 Corporate Equality Index, a national benchmarking tool and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Rhode Island's National Grid customers know that this sale is not in our best interest. Allentown, Pa. -- PPL Corporation received approval from the Rhode Island Division of Public Utilities and Carriers to acquire The Narragansett Electric Company from National Grid USA on Feb. 23, 2022. PPL Corp.'s planned purchase of Narragansett Electric Co. approved by Rhode Island regulator (update) Feb. 23, 2022 4:33 PM ET PPL Corporation (PPL) , NGG By: Joshua Fineman , SA News Editor 12 . ALLENTOWN, Pa., Feb. 23, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today received approval from the Rhode Island Division of Public Utilities and Carriers to acquire The. You can read further details here. PPL Corporation, Rhode Island, Openings : 1, Experience : Not Specified Key Skils : Candidates must meet the basic qualifications and pass all required tests or assessments to receive consideration.In compliance with federal law, all persons hired will be required to verify identity… D-21-09 PPL Corporation and PPL Rhode Island Holdings, LLC's Responses to RI Attorney General's Second Set of Data Requests Issued on October 1, 2021 . The acquisition is expected to be completed in March. Announces 2022 first-quarter reported earnings (GAAP) of $0.37 per share. Adjusting for special items, 2021 earnings from ongoing . 5, 2022. PPL's Kentucky segment earned $0.25 per share for the first quarter, a $0.07 increase over a year ago, which the company said was largely attributable to higher base . On June 22, 2021, PPL Corp. acquired utilities company National Grid - Rhode Island Utility from National Grid plc Acquisition Highlights. The day after Rhode Island regulators approved the proposed sale of the state's largest gas and electricity distribution utility, Rhode Island Attorney General Peter Neronha filed for an emergency stay of the decision pending an appeal by his office.. Remains confident in the value of Narragansett Electric acquisition for shareowners and Rhode Island customers and prepared to close promptly with National Grid. For the sixth consecutive year, PPL Corporation has been named a Best Place to Work for LGBTQ+ equality on the Human Rights Campaign Foundation's 2022 Corporate Equality Index, a national benchmarking tool and report measuring corporate policies and practices related to LGBTQ+ workplace equality. ALLENTOWN, Pa., Feb. 23, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today received approval from the Rhode Island Division of Public Utilities and Carriers to acquire The Narragansett . PPL Corporation has received approval from the Rhode Island Utilities and Carriers Division to acquire Narragansett Electric Co. from National Grid USA. PPL Corp, of Allentown has received approval from the Rhode Island Division of Public Utilities and Carriers to acquire The Narragansett Electric Company from National Grid USA. 1. Good morning, everyone, and . PPL Corp. announced in March that it had agreed to acquire Narragansett Electric from its parent company . The Stock rose vividly during the last session to $26.79 after opening rate of $26.21 while the lowest price it went was recorded $26.02 before closing at $26.15.Recently in News on February 23, 2022, PPL Corporation receives approval from Rhode Island Division of Public Utilities and . ALLENTOWN, Pa., March 18, 2021 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today announced that it has entered into definitive agreements to sell its U.K. utility business, Western Power Distribution (WPD), to National Grid plc for £7.8 billion and, in a separate transaction, to acquire National Grid's Rhode Island utility business, The Narragansett Electric Company, for $3.8 Achieves 2022 first-quarter ongoing earnings per share of $0.41 vs. $0.28 in 2021. 7538BR. 22, 2021, 08:45 AM Full time (26) Employer. National Grid is trying to sell Rhode Island's electric grid to PPL Corporation, a Pennsylvania-based company, for $5.3 billion dollars. PPL Corporation (NYSE: PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably, and affordably to more than 2.5 . Good morning, everyone, and . Our utilities - Louisville Gas and Electric, Kentucky Utilities and PPL Electric. ALLENTOWN, Pa., May 5, 2022 / PRNewswire / -- PPL Corporation (NYSE: PPL) today announced first-quarter 2022 reported earnings (GAAP) of $273 million, or $0.37 per share, compared with . PPL Corporation (NYSE: PPL) and National Grid USA filed a petition Tuesday (5/4) seeking approval from the Rhode Island Division of Public Utilities and Carriers for PPL to acquire The Narragansett Electric Company from National Grid USA. On Tuesday, lawyers for four parties — the Rhode Island Attorney General, National Grid, PPL Corp. and the R.I. Division of Public Utilities and Carriers — presented three hours of argument . The out-of-state National Grid barely cares . PPL Corporation is purchasing National Grid's Rhode Island utility business, The Narragansett Electric Company, for $5.3 billion including the assumption of $1.5 billion in debt The Pennsylvania . February 24, 2022 1:59 pm. ALLENTOWN, Pa., Feb. 23, 2022 /PRNewswire via COMTEX/ -- ALLENTOWN, Pa., Feb. 23, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) today received approval. ALLENTOWN, Pa., June 22, 2021 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today that David J. Bonenberger, PPL vice president of Operations Integration, will serve as president of The Narragansett Electric Company upon PPL's planned acquisition of the Rhode Island utility from National Grid. National Grid and PPL lobbyists are hard at work RIGHT NOW claiming that this sale is "consistent with the public interest". Basic Qualifications: A Bachelor Degree in Engineering, Engineering management, Building Technology or related discipline or 5+ years direct experience in Commercial Property Management and/or building/facilities management. PPL Corporation and its family of companies provide "essential energy services to more than 2.5 million customers," according to the company's website. In an appeal filed Thursday in state Superior Court, the attorney general's office cited a host of deficiencies in the Division of Public . PPL Corporation Facilities Manager - Rhode Island in Rhode Island. PPL Corporation (NYSE:PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 2.5 . PPL Corp. has secured unanimous approval from the Federal Energy Regulatory Commission to acquire Narragansett Electric Co., moving a step closer to taking over the Rhode Island electric and . In formal proceedings, the Library announced its 2019 officers of the Board as: Robert W. Edwards, Jr, Chair; Maria J.R. Goncalves, Vice Chair; Micah E. Salkind, Secretary; Christopher Stevens, Treasurer. The acquisition is expected to be completed in March. 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