PPL Corporation Mergers and Acquisitions


PPL Corporation

Two North Ninth Street
Allentown, PA 18101
United States
Tel:1/610/774-5151
URL: http://www.pplweb.com
Primary Symbol & Exchange:
PPL - Common Stock - New York Stock Exchange
Industry:
Utilities
PPL Corporation Company Snapshot

PPL Corporation Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

PPL Corporation M&A History


Black Bear Hydro Partners LLC acquires PPL Maine LLC-Hydroelectric from PPL Corp Black Bear Hydro Partners LLC acquires  PPL Maine LLC-Hydroelectric from PPL CorpNov 02, 2009

US - Black Bear Hydro Partners LLC definitively agreed to acquire the hydroelectric generation business of PPL Maine LLC, a Milford-based electric utility and a unit of PPL Corp, for an estimated USD ## mil, including an undisclosed amount in

Penobscot River Restoration acquires PPL Corp-Hydroelectric Dams(3) from PPL Corp Penobscot River Restoration acquires  PPL Corp-Hydroelectric Dams(3) from PPL CorpNov 02, 2009

US - Penobscot River Restoration Trust acquired # hydroelectric dams, located in Eastern Maine, of PPL Corp, an electric utility company, for an estimated USD ## mil.

Acer Europe BV acquires a minority stake in Olidata SPA (pending) Acer Europe BV acquires a minority stake in  Olidata SPA (pending)Jul 31, 2009

ITALY - Acer Europe BV plans to acquire a ##.#% stake, or ##.### mil ordinary shares, in Olidata SpA, for EUR #.### mil (USD #.### mil).

J-POWER USA Development Co Ltd acquires PPL Shoreham Energy LLC from PPL Corp (pending) J-POWER USA Development Co Ltd acquires PPL Shoreham Energy LLC from PPL Corp (pending)May 29, 2009

US - J-POWER USA Development Co Ltd (J-Power), a wholly- owned unit of Electric Power Development Co Ltd's wholly- owned J-Power North America Holdings Co Ltd subsidiary, definitively agreed to acquire PPL Shoreham Energy LLC, a Shoreham

J-POWER USA Development Co Ltd acquires PPL Corp-Long Island from PPL Corp (pending) J-POWER USA Development Co Ltd acquires PPL Corp-Long Island from PPL Corp (pending)May 29, 2009

US - J-POWER USA Development Co Ltd, a wholly-owned unit of Electric Power Development Co Ltd, definitively agreed to acquire the Long Island generation business, of PPL Corp, an Allentown-based electric utility company, for an estimated USD ### mil.

AmeriGas Propane LP acquires Penn Fuel Propane-Propane from PPL Corp AmeriGas Propane LP acquires Penn Fuel Propane-Propane from PPL CorpOct 02, 2008

US - AmeriGas Propane LP, a unit of AmeriGas Partners LP, acquired the propane distribution assets of Penn Fuel Propane, a wholesaler of propane gas, and a unit of PPL Corp, for an estimated $## mil.

UGI Utilities Inc acquires Penn Fuel Propane from PPL Corp UGI Utilities Inc acquires Penn Fuel Propane from PPL CorpOct 02, 2008

US - UGI Utilities Inc (UU), a wholly-owned unit of UGI Corp, acquired Penn Fuel Propane (PF), a wholesaler of propane gas, from PPL Corp (PC). Concurrently, UU acquired PPL Gas Utilities Corp. The two transactions had a combined value

UGI Utilities Inc acquires PPL Gas Utilities Corp from PPL Corp UGI Utilities Inc acquires PPL Gas Utilities Corp from PPL CorpOct 02, 2008

US - UGI Utilities Inc (UU), a wholly-owned unit of UGI Corp, acquired PPL Gas Utilities Corp (PG), a provider of natural gas distribution services, from PPL Corp (PC). Concurrently, UU acquired Penn Fuel Propane. The two transactions had a

Commun Infrastructure Inv acquires PPL Telcom LLC from PPL Corp Commun Infrastructure Inv acquires PPL Telcom LLC from PPL CorpAug 24, 2007

US - Communications Infrastructure Investments acquired PPL Telcom, a provider of telecommunications services, from PPL Corp, for $## mil. The consideration consisted of $## mil and the assumption of $## mil in liabilities. Originally, in May ####, PPL Corp announced that

Investor Group acquires Elfec SA from PPL Corp through a leveraged buyout Investor Group acquires Elfec SA from PPL Corp through a leveraged buyoutJul 12, 2007

BOLIVIA - A management-led investor group including labor unions, acquired an ##.#% interest in Empresa de Luz y Fuerza Electrica Cochabamba SA {Elfec}, an electric utility, from PPL Corp (PC), via an auction, in a leveraged buyout transaction. Concurrently

PPL Corp seeking buyer PPL Corp seeking buyerMar 06, 2007

US- In March ####, PPL Corp announced that it was seeking a buyer for its regulated delivery operations in Chile, El Salvador, and Bolivia.

LS Power Equity Partners LLC acquires remaining interest in Griffith Energy,Kingman,AZ from PPL Corp LS Power Equity Partners LLC acquires remaining interest in Griffith Energy,Kingman,AZ from PPL CorpJun 30, 2006

US - LS Power Equity Partners LLC (LS), acquired the remaining ##% interest, which it did not already own in Griffith Energy (GE), an electric utility, from PPL Corp (PC), for $### mil in cash. GE was ##:## owned by

Arizona Public Service Co acquires PPL Corp-Sundance Generating from PPL Corp (pending) Arizona Public Service Co acquires PPL Corp-Sundance Generating from PPL Corp (pending)Jun 01, 2004

US - Arizona Public Service Co, a unit of Pinnacle West Capital Corp, agreed to acquire the Sundance Generation Station, located near in Coolidge Arizona, from PPL Corp, an electric utility company, for an estimated $### mil.

Investor Group acquires PPL Corp-Hydroelectric Dams,ME from PPL Corp (pending) Investor Group acquires PPL Corp-Hydroelectric Dams,ME from PPL Corp (pending)Oct 06, 2003

US - An investor group, comprised of the U.S. Department of the Interior, the U.S. Bureau of Indian Affairs, the U.S. Fish and Wildlife Service, the Maine Department of Inland Fisheries, the Maine Department of Wildlife and Marine

Empresas Emel SA acquires remaining interest in TransEmel SA from PPL Corp Empresas Emel SA acquires remaining interest in TransEmel SA from PPL CorpAug 01, 2003

CHILE - Empresas Emel SA, a majority-owned unit of PP&L Resources Inc's PP&L Global Inc unit, acquired the remaining ##% stake, which it did not already own, in Transemel SA, an electric utility, from GasAtacama Generacion Ltda

PPL Corp seeking buyer for Cemar PPL Corp seeking buyer for CemarOct 22, 2002

BRAZIL - In October ####, PPL Corp (PPL) withdrew its search for a buyer for Cia Energetica do Maranhao subsidiary (Cemar), an electric utility. PPL wrote off Cemar as a total loss and abandoned the company. The Brazilian government took ownership

PPL Electric Utillities Corp acquires remaining interest in Western Power Distribution from Mirant Corp PPL Electric Utillities Corp acquires remaining interest in Western Power Distribution from Mirant CorpSep 06, 2002

UK - PPL Corp of the US acquired the remaining ##% stake, which it did not already own, in Western Power Distribution Holdings and WPD Investment Holdings (WPD), from its joint-venture partner Mirant Corp of the US for ###.###

Franklin Park Energy LLC withdraws offer for Cemar Franklin Park Energy LLC withdraws offer for CemarJul 22, 2002

BRAZIL - Franklin Park Energy LLC withdrew its plans to acquire a ##% interest in Cia Energetica do Maranhao (Cemar), an electric utility, from PPL Corp. Terms were not disclosed.

Lexington Capital Partners IV acquires Asian Infrastructure Fund from PPL Corp Lexington Capital Partners IV acquires Asian Infrastructure Fund from PPL CorpSep 13, 2001

IRELAND - Lexington Capital Partners IV LP, a unit of Lexington Global Asset Managers Inc of the US, acquired Asian Infrastructure Fund from Hyder Ltd, a unit of WPD Holdings, for ##.## mil Irish punts ($##.# mil).

Glas Cymru Cyfyngedig acquires Dwr Cymru Cyfyngedig (DCC) from PPL Corp Glas Cymru Cyfyngedig acquires Dwr Cymru Cyfyngedig (DCC) from PPL CorpJul 11, 2001

UK - Glas Cymru Cyfyngedig, a new company comprised of mainly Welsh investors set up for the purpose of the acquisition, acquired Dwr Cymru Cyfyngedig (Welsh Water), Powys-based water utility, from Hyder PLC, a unit of PP&L Resources Inc

PPL Corporation M&A Summary


PPL Corporation has made 4 acquisitions while taking stakes in 9 companies. PPL Corporation has 26 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009002
2008003
2007002
2006001
2005000
2004000
2003001
2002100
2001206
2000045
1999001
1998000
1997031
1996010
1995011
1994001
1993000
1992101
1991000
1990000
1989000
1988000
1987001
Total4926

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