PPL Corp. (PPL) Stock Falls After Spinoff Completion NEW YORK (TheStreet) — Shares of PPL Corp. (PPL – Get Report) were falling 8.5% to $31.82 on Tuesday, a day after the electric utility company completed the spinoff of its competitive supply business. The spinoff power company, called Talen Energy, also includes generation assets owned Riverstone … Continue reading #PPL Corp. (PPL) Stock Falls After Spinoff Completion
Talen Energy Corp. established as PPL Corp. energy generation spinoff PPL Corp.’s competitive power generation spinoff Talen Energy Corp. was established Monday, comprising assets that generated $4.3 billion in revenue in 2014. Allentown-based PPL and its partner in the new company, Riverstone Holdings LLC, received final regulatory approval in April to form Talen. The spinoff … Continue reading #Talen_Energy Corp. established as #PPL_Corp. #energy #generation spinoff
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