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PPL Electric Utilities Selected To Receive Up To $71.5M In Government Funding From U.S. Department Of Energy To Support Montour Grid Resilience, Advanced Reconductoring Project
PPL Electric Utilities today joined U.S. Department of Energy Secretary Chris Wright, elected officials, project stakeholders and community leaders to announce that the company has been selected to receive up to $71.5
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Wells Fargo Maintains Overweight on PPL, Raises Price Target to $44
Wells Fargo analyst Shahriar Pourreza maintains PPL (NYSE:PPL) with a Overweight and raises the price target from $43 to $44.
Can PPL's Financing Strategy Support Growth and Capital Investments?
PPL Corporation is executing a robust financing strategy to support $23 billion in capital investments through 2029, targeting 10.3% average annual rate-base growth. The company completed $2.3 billion in capital spending in H1 2026 and issued $2.05 billion in long-term debt while maintaining a debt-to-capital ratio of 57.46%, below industry average. PPL forecasts 6-8% annual EPS growth through 2029 with sufficient financial flexibility despite recent rate increases.