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The first order of business for PPL Corp. on Wednesday after completing the purchase of National Grid’s electric and natural gas operations in Rhode Island was a change of name. The business ...
PPL in turn agreed to buy National Grid's Rhode Island unit for nearly $3.8 billion while assuming $1.5 billion in debt. Through the deal, PPL would gain around 780,000 customer accounts in Rhode ...
National Grid plans to sell Narragansett Electric, its Rhode Island utility, to PPL Corporation. Mary Serreze. By Mary Serreze – Reporter, Providence Business First. Oct 5, 2021.
PPL Corp. has completed its $3.8 billion purchase of Narragansett Electric from National Grid, the second step of the utility's move toward focusing on U.S. operations.
PPL Corp.'s subsidiary in the Ocean State will spend about $326 million on improving the reliability of power distribution. Rhode Island Energy received regulatory approval to spend about $300 ...