Creating long-term value for shareowners through fiscal discipline, continuous improvement, environmental stewardship and enduring strategic investments.
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PPL Corporation launches process to sell U.K. business, reposition itself as U.S.-focused utility company
PPL owns and operates seven high-performing, award-winning utilities serving more than 10 million customers in both the U.S. and the U.K. Our businesses are among the very best in customer satisfaction in the regions we serve. And the positive reputation we maintain with customers extends to regulators as well.
PPL plans to invest about $14 billion in infrastructure over the next five years to build a smarter, more secure energy grid and to advance a cleaner energy future. This, in turn, is driving strong rate base growth.
We provide competitive earnings and dividend growth and maintain a strong balance sheet, investment-grade credit ratings and strong cash flow.
Our strategy for growth is clear:
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Drive best-in-sector operational performance. |
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Provide superior customer service. |
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Invest responsibly in a sustainable energy future. |
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Maintain a strong financial foundation. |
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Engage and develop our people. |
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Arthur P. Beattie, an executive with more than four decades of experience in the utility industry, will join the company's board of directors.
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PPL Corporation (NYSE: PPL) announced 2020 earnings of $1.91 per share and earnings from ongoing operations of $2.40 per share.
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PPL has set a more aggressive carbon reduction goal of at least 80% from 2010 levels by 2050 and has accelerated its previous 70% goal by 10 years to 2040.
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