-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GB2QrBGrFAIPp0TZn6+iipWkhbS84ZFsFLNQ2htKKK6RLr+NYSzMYeapniJ8Dn0U /5kac+Yfd/8giTPHLPMDTw== 0000922224-09-000037.txt : 20090413 0000922224-09-000037.hdr.sgml : 20090413 20090413124610 ACCESSION NUMBER: 0000922224-09-000037 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090409 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090413 DATE AS OF CHANGE: 20090413 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPL CORP CENTRAL INDEX KEY: 0000922224 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 232758192 STATE OF INCORPORATION: PA FISCAL YEAR END: 0521 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 09746210 BUSINESS ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 181011179 BUSINESS PHONE: 6107745151 MAIL ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 FORMER COMPANY: FORMER CONFORMED NAME: PP&L RESOURCES INC DATE OF NAME CHANGE: 19941123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPL ENERGY SUPPLY LLC CENTRAL INDEX KEY: 0001161976 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32944 FILM NUMBER: 09746211 BUSINESS ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 BUSINESS PHONE: 610.774.5151 MAIL ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 8-K 1 form8k.htm FORM 8K form8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 9, 2009

Commission File
Number
Registrant; State of Incorporation;
Address and Telephone Number
IRS Employer
Identification No.
     
1-11459
PPL Corporation
(Exact name of Registrant as specified in its charter)
(Pennsylvania)
Two North Ninth Street
Allentown, PA  18101-1179
(610) 774-5151
23-2758192
     
1-32944
PPL Energy Supply, LLC
(Exact name of Registrant as specified in its charter)
(Delaware)
Two North Ninth Street
Allentown, PA  18101-1179
(610) 774-5151
23-3074920
     

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 

Section 8 - Other Events

Item 8.01 Other Events

On April 9, 2009, PPL Energy Supply, LLC (the “Company”) issued a press release announcing that it will file a new application with the Federal Energy Regulatory Commission for a project that would add 125 megawatts of electric generating capacity at the Holtwood hydroelectric plant on the Susquehanna River in Lancaster County, Pennsylvania.

A copy of the press release is filed as Exhibit 99.1 to this report and incorporated herein by reference.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

 
(d)
 
Exhibits
 
         
     
99.1 -
Press Release, dated April 9, 2009, related to the Company’s application to expand its Holtwood hydroelectric generating facility. 




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.


 
PPL CORPORATION
       
 
By:
/s/ J. Matt Simmons, Jr.
 
   
J. Matt Simmons, Jr.
Vice President and Controller
 


 
PPL ENERGY SUPPLY, LLC
       
 
By:
/s/ J. Matt Simmons, Jr.
 
   
J. Matt Simmons, Jr.
Vice President and Controller
 




Dated:  April 13, 2009

EX-99.1 2 exhibit99_1.htm EXHIBIT 99.1 exhibit99_1.htm
Exhibit 99.1



 Contact:   George Lewis, 610-774-5997
   
   
Two N. Ninth St.
   
Allentown, PA 18101


Federal tax incentives in stimulus package could make proposal
to increase clean, renewable energy generation economically feasible


“PPL has reconsidered this project in view of the tax incentives and potential loan guarantees for renewable energy projects that are in the federal economic stimulus package,” said William H. Spence, executive vice president and chief operating officer of PPL Corporation. “These stimulus package benefits could make the project feasible again by more than offsetting the factors that caused us to withdraw our original application in December, and the further decline in future energy prices since that time.”
Citing economic conditions, tightening credit markets and projections of future energy prices, PPL in December withdrew an initial application to expand Holtwood.
The estimated $440 million project would add enough new renewable energy generation to power 100,000 homes and improve fish lifts that enable migratory fish to reach spawning areas upstream of the Holtwood Dam along the Susquehanna River and its tributaries. It could create nearly 500 construction jobs.
“We’re looking forward to resuming work with the many government agencies, private organizations and individuals who have supported this project,” Spence said. “While there are some significant regulatory and other hurdles to clear, we may be able to put this new, renewable electric generating capacity in service by the spring of 2013.”
Subject to approval by FERC and other government agencies, availability of the necessary stimulus package incentives and negotiation of the related contracts, construction could start in February 2010.
Holtwood has been generating electricity since 1910. Currently, it generates 108 megawatts using the power of the water held back by a 55-foot-high dam. The dam creates Lake Aldred, an 8-mile reservoir that provides opportunities for boating, fishing and other public recreation. PPL operates two campgrounds, 39 miles of hiking trails, several picnic areas, and other facilities including the well-known Shenk’s Ferry Wildflower Preserve and Lock 12 Historic Area.
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pa., controls or owns more than 12,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to about 4 million customers in Pennsylvania and the United Kingdom. More information is available at www.pplweb.com.


#     #     #

Statements contained in this news release, including statements with respect to future development projects, capital expenditures and generating capacity, are “forward-looking statements” within the meaning of the federal securities laws. Although PPL Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, these statements involve a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: market demand and prices for energy, capacity and fuel; the profitability and liquidity of PPL Corporation and its subsidiaries; operating performance of plants and other facilities; environmental conditions and requirements and the related costs of compliance; system conditions and operating costs; development of new projects; receipt of necessary government permits and approvals; capital market conditions and decisions regarding capital structure; the securities and credit ratings of PPL Corporation and its subsidiaries; political, regulatory or economic conditions in states or regions where PPL Corporation or its subsidiaries conduct business; new state or federal legislation, including tax legislation; the availability of federal or other tax incentives; and the commitments and liabilities of PPL Corporation and its subsidiaries. Any such forward-looking statements should be considered in light of such important factors and in conjunction with PPL Corporation’s Form 10-K and other reports on file with the Securities and Exchange Commission.

Note to Editors: Visit our media Web site at www.pplnewsroom.com for additional news and background about PPL Corporation.



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