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PPL CORPORATION

(PPL)
  Report
Delayed Nyse  -  01:00 2022-11-25 pm EST
29.23 USD   +0.41%
11/21PPL to Pay Quarterly Stock Dividend Jan. 3, 2023
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11/21Credit Suisse Lifts PPL's Price Target to $29 From $27, Keeps Outperform Rating
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Rhode Island Energy and PPL Foundation to host virtual information session for Rhode Island nonprofits regarding fall grant opportunities

08/26/2022 | 10:20am EST

PROVIDENCE - Rhode Island Energy invites nonprofit organizations throughout the state to attend a virtual information session at 10 a.m. on Sept. 8 to learn more about the company's commitment to Rhode Island communities and new grant opportunities available through the PPL Foundation.

PPL Foundation was established by PPL Corporation, Rhode Island Energy's parent company, in 2012 to support programs that improve lives in areas served by PPL's utilities. Since then, it has awarded more than $20 million to help build strong communities.

With PPL's recent acquisition of Rhode Island Energy, PPL Foundation is now expanding its philanthropic focus to the Ocean State. The Foundation plans to launch a new Empowering Communities grant program in Rhode Island Energy's service territory in September. Through the program, eligible nonprofit organizations may apply for grants of $1,000 to $50,000 to support initiatives focused on education; diversity, equity and inclusion and sustainable communities.

Interested nonprofit organizations may register for the virtual information session by following this registration link. During the session, Rhode Island Energy and PPL Foundation representatives will provide an overview of the Foundation's focus areas and the Empowering Communities grant process. Applications for the initial round of Empowering Communities grants will be accepted from Sept. 15 to Oct. 15, with grants awarded later this fall.

About the PPL Foundation

PPL Foundation is an independent, non-profit organization. Funded by PPL Corporation shareowners, the Foundation was formed to support community initiatives in the areas served by PPL Corporation's utilities. Through strategic partnerships, the PPL Foundation supports nonprofit organizations that are engaged in innovative and groundbreaking work to create vibrant, sustainable communities; advance diversity, equity and inclusion and support children's success from cradle to career in both Pennsylvania and Rhode Island.

About Rhode Island Energy

Rhode Island Energy provides essential energy services to over 770,000 customers across Rhode Island through the delivery of electricity or natural gas. Our team is dedicated to helping Rhode Island customers and communities thrive, while supporting the transition to a cleaner energy future. Rhode Island Energy is part of the PPL Corporation (NYSE: PPL) family of companies addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions.

Contact:

Ted Kresse

Tel: 401.799.7000

(C) 2022 Electronic News Publishing, source ENP Newswire

All news about PPL CORPORATION
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Financials (USD)
Sales 2022 6 968 M - -
Net income 2022 763 M - -
Net Debt 2022 13 732 M - -
P/E ratio 2022 28,2x
Yield 2022 3,04%
Capitalization 21 523 M 21 523 M -
EV / Sales 2022 5,06x
EV / Sales 2023 4,85x
Nbr of Employees 5 607
Free-Float 95,5%
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 29,23 $
Average target price 29,04 $
Spread / Average Target -0,66%
EPS Revisions
Managers and Directors
Vincent Sorgi President, Chief Executive Officer & Director
Joseph P. Bergstein Chief Financial Officer & Executive Vice President
Craig A. Rogerson Independent Chairman
W. Mark Brooks Chief Information Security Officer & VP
Gregory N. Dudkin Chief Operating Officer & Executive Vice President
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