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PPL (utility)
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange as and is part of the S&P 500. As of 2022, the company had $7.9 billion in revenue, 6,500 employees, over $37 billion in assets, and serves 3.6 million customers. History 20th century PPL Corporation was founded as Pennsylvania Power & Light in 1920, the product of a merger of eight smaller Pennsylvania-based utility companies. It gradually extended its service territory to a crescent-shaped region of central and Northeastern Pennsylvania, stretching from Lancaster in central Pennsylvania through the Lehigh Valley in eastern Pennsylvania, and Scranton, and Wilkes-Barre in Northeastern Pennsylvania. In 1995, the company reorganized as a holding company. PP&L Resources was renamed PPL Corporation in 2000. The company limited its operations to Pennsylvania until deregulation of electrical ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Louisville, Kentucky
Louisville is the List of cities in Kentucky, most populous city in the Commonwealth of Kentucky, sixth-most populous city in the Southeastern United States, Southeast, and the list of United States cities by population, 27th-most-populous city in the United States. By land area, it is the country's List of United States cities by area, 24th-largest city; however, by population density, it is the 265th most dense city. Louisville is the historical county seat and, since 2003, the nominal seat of Jefferson County, Kentucky, Jefferson County, on the Indiana border. Since 2003, Louisville and Jefferson County have shared the same borders following a consolidated city-county, city-county merger. The consolidated government is officially called the Louisville/Jefferson County Metro Government, commonly known as Louisville Metro. The term "Jefferson County" is still used in some contexts, especially for Louisville neighborhoods#Incorporated places, incorporated cities outside the "Lou ...
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Lehigh Valley Phantoms
The Lehigh Valley Phantoms are a professional ice hockey team based in Allentown, Pennsylvania. The team competes in the American Hockey League (AHL) and serves as the primary development team for the Philadelphia Flyers of the National Hockey League. The Phantoms have been the top minor league affiliate for the Flyers since the 1996–97 season, playing in Philadelphia as the Philadelphia Phantoms from 1996 until 2009, then in Glens Falls, New York, as the Adirondack Phantoms from 2010 until 2013, and in Allentown as the Lehigh Valley Phantoms since 2014. The Lehigh Valley Phantoms play their home games at PPL Center, an 8,500 capacity, $282 million indoor arena that opened in downtown Allentown on September 10, 2014. History In March 2011, plans were announced for a new arena, the PPL Center, in downtown Allentown, Pennsylvania. Demolition at the arena site began in January 2012. In February 2012, it was announced that the Adirondack Phantoms, a franchise that originate ...
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PPL Center
The PPL Center is an 8,500-seat capacity indoor sports arena in Allentown, Pennsylvania. It opened on September 10, 2014. It is the home arena for the Lehigh Valley Phantoms of the American Hockey League, the primary development hockey team for the Philadelphia Flyers. The arena also hosts major concerts, sports, and entertainment events throughout the year. Overview The arena was part of a larger redevelopment project of the central business district of Allentown. The project encompasses a five-acre square block area in which several new structures are planned to be erected: Part of the arena site was previously developed in the 1980s as an office building called Corporate Plaza. On February 23, 1994, it collapsed into a sinkhole, due to limestone in the ground and the decision to not place the building on a concrete pad, but rather on spread footings; the plaza was imploded on March 19 of that year. Within the arena on the ground floor, WFMZ-TV maintains a studio that house ...
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National Grid Plc
National Grid plc is a British multinational electricity and gas utility company headquartered in London, England. Its principal activities are in the United Kingdom, where it owns and operates electricity and natural gas transmission networks, and in the Northeastern United States, where as well as operating transmission networks, the company produces and supplies electricity and gas, providing both to customers in New York and Massachusetts. National Grid plc is one of the largest investor-owned utility companies in the world; it has a primary listing on the London Stock Exchange where it is a constituent of the FTSE 100 Index, and a secondary listing in the form of its American depositary receipts on the New York Stock Exchange. History Background (CEGB before 1990) Before 1990, both the generation and transmission activities in England and Wales were under the responsibility of the Central Electricity Generating Board (CEGB). The present electricity market in the Unit ...
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Western Power Distribution
Western Power Distribution is a trade name formerly used by four electricity distribution companies in the United Kingdom: WPD South West (operating in South West England), WPD South Wales (in South Wales) and WPD Midlands (two companies, in the East Midlands and West Midlands). Each company was the distribution network operator for its respective region. Western Power Distribution, which had headquarters in Bristol, served approximately 7.7 million customers in its combined distribution areas. In 2022 the company was absorbed into its new parent company, National Grid. History Formation In 1998, WPD South West was formed from the demerger of the electricity distribution arm of SWEB. In September 2000, the American energy company PPL Corporation purchased Hyder for £565m and sold Welsh Water and other interests, leaving the electricity distribution arm Infralec which was renamed WPD South Wales. In April 2011, PPL purchased Central Networks (the distribution network o ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Subaru Park
Subaru Park is a soccer-specific stadium in Chester, Pennsylvania, located next to Commodore Barry Bridge on the waterfront along the Delaware River. The venue is home to the Philadelphia Union of Major League Soccer. Subaru Park was designed as an initial step for economic development on the waterfront, with additional plans calling for a river walk and other entertainment, retail, and residential projects. The stadium was constructed by T.N. Ward Company, based in Ardmore, Pennsylvania, Ardmore. The project was the result of combined commitments of $30 million from Delaware County, Pennsylvania, Delaware County and $47 million from the Commonwealth of Pennsylvania. Subaru of America is the stadium's naming rights sponsor. Construction Major League Soccer (MLS) had been interested in entering the Philadelphia market for several years, with many promises of a team by Commissioner Don Garber, as evidenced by his statement, "It's not a matter of if but when Philadelphia ...
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Talen Energy
Talen Energy is an independent power producer and energy infrastructure company. Talen owns and operates approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of carbon-free nuclear power and a significant dispatchable natural gas fleet. History Talen Energy was founded in 2015. The company was formed when the competitive power generation business of PPL Corporation was spun off and immediately combined with competitive generation businesses owned by private equity firm Riverstone Holdings. Following these transactions, PPL shareholders owned 65% of Talen's common stock and affiliates of Riverstone owned 35%, with shares trading on the NYSE under the symbol "TLN". On December 6, 2016, Riverstone Holdings completed the purchase of the remaining 65% of Talen's common stock, making it a privately owned company. On November 10, 2020, Talen announced its commitment to transform for a clean energy future. As part of ittransformation an ...
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Sustainable Energy
Energy system, Energy is sustainability, sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs." Definitions of sustainable energy usually look at its effects on the environment, the economy, and society. These impacts range from greenhouse gas emissions and air pollution to energy poverty and toxic waste. Renewable energy sources such as wind power, wind, Hydroelectricity, hydro, solar energy, solar, and geothermal energy can cause environmental damage but are generally far more sustainable than fossil fuel sources. The role of Non-renewable resource, non-renewable energy sources in sustainable energy is controversial. Nuclear power does Low-carbon power, not produce carbon pollution or air pollution, but has drawbacks that include radioactive waste, the risk of nuclear proliferation, and the Nuclear and radiation accidents and incidents, risk of accidents. Switching from coal to natural gas has enviro ...
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Chester, Pennsylvania
Chester is a city in Delaware County, Pennsylvania, United States. It is located in the Philadelphia metropolitan area (also known as the Delaware Valley) on the western bank of the Delaware River between Philadelphia and Wilmington, Delaware. The population of Chester was 32,605 at the 2020 United States census, 2020 census. Incorporated in 1682, Chester is the oldest city in Pennsylvania and was the location of William Penn's first arrival in the Province of Pennsylvania. It was the county seat for Chester County, Pennsylvania, Chester County from 1682 to 1788 and of Delaware County from 1789 to 1851. From the second half of the 19th century through the first half of the 20th century, the city was a major center of heavy industry, manufacturing and shipping. The city became a boomtown during World War I and World War II. The availability of employment in factories, Longshoreman, dock work, and shipbuilding attracted immigrants from Southern Europe, Southern and Eastern Europ ...
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Philadelphia Union
The Philadelphia Union are an American professional soccer club based in the Philadelphia metropolitan area. The club competes in Major League Soccer (MLS) as a member of the Eastern Conference. Founded on February 28, 2008, the Union began playing in 2010 as an expansion team. The club's home stadium is Subaru Park, a soccer-specific stadium located in Chester, Pennsylvania, on the banks of the Delaware River. The Union are currently owned by Keystone Sports & Entertainment, with Jay Sugarman serving as majority owner and chairman of the club. Professional basketball player Kevin Durant serves as a minority owner. The Union finished as runners-up in the 2014, 2015 and 2018 U.S. Open Cup tournaments and the 2022 MLS Cup final. In 2020, Philadelphia secured the Supporters' Shield with their regular season performance, the first in the club's history. History Drive for expansion Despite being one of the ten largest metropolitan areas in the country and a top-five media ma ...
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