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PPL CORPORATION

(PPL)
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PPL : A ‘Ewe'nique Partnership

04/20/2021 | 12:36pm EDT

Nestled in the rolling hills of Mercer County, Kentucky, E.W. Brown Generating Station is home to four different types of energy generating resources, including a nearly 100-yearold hydroelectric facility and the first, and largest, existing universal solar facility in the commonwealth.

Mowing grass that grows under and around solar arrays can be difficult to do with conventional lawn mowers, so LG&E and KU turned to an unconventional partnership: grazing sheep.
The sheep are generally docile, small and, through their grazing, can keep vegetation at the site to a minimum, which will reduce maintenance costs over the long-term.

LG&E and KU are partnering with Shaker Village of Pleasant Hill - which manages a working farm and nature preserve - on the project. As the sheep manage the solar field's vegetation, farmers from Shaker Village, Kentucky's largest National Historic Landmark, will manage the flock.

The flock will initially have 10 acres to graze. By this time next year, the number of sheep is expected to multiply three-fold, eventually growing large enough to maintain the entire 50-acre solar farm.

Visit lge-ku.com/sheep and tune in to our 'Ewetube' channel to watch the sheep live and learn more about the partnership with Shaker Village of Pleasant Hill.

Disclaimer

PPL Corporation published this content on 20 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 16:35:01 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 7 670 M - -
Net income 2021 1 929 M - -
Net Debt 2021 25 315 M - -
P/E ratio 2021 11,8x
Yield 2021 5,68%
Capitalization 22 505 M 22 505 M -
EV / Sales 2021 6,23x
EV / Sales 2022 5,86x
Nbr of Employees 12 318
Free-Float 99,8%
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 31,27 $
Last Close Price 29,25 $
Spread / Highest target 12,8%
Spread / Average Target 6,92%
Spread / Lowest Target 2,56%
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NameTitle
Vincent Sorgi President, Chief Executive Officer & Director
Joseph P. Bergstein Chief Financial Officer & Senior Vice President
Craig A. Rogerson Independent Chairman
W. Mark Brooks Chief Information & Security Officer
Gregory N. Dudkin Chief Operating Officer & Executive Vice President
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