November 22, 2024

Narragansett Electric

National Grid
PPL Reaches Settlement with Rhode Island AG for Acquisition of Narragansett
The Rhode Island AG’s Office withdrew its opposition to PPL’s acquisition of Narragansett Electric after reaching a settlement agreement with the company.
PPL
PPL Completes Acquisition of Narragansett
PPL officially completed the acquisition of Narragansett Electric from National Grid, immediately rebranding the utility as Rhode Island Energy.
LG&E
PPL Earnings up as Rates Set to Rise
PPL reported a positive first quarter during its earnings call after announcing earlier that it was raising its electricity rates in Pennsylvania by 38%.
National Grid
RI Agency Approves PPL Acquisition of Narragansett Electric
The Rhode Island Division of Public Utilities and Carriers approved PPL's acquisition of Narragansett Electric from National Grid.
PPL
PPL Announces Losses, Dividend Cut in Q4 Call
PPL’s stock price took a sharp hit when it announced during its Q4 earnings call that it was cutting dividends in half and missed earnings targets.
PPL
FERC Approves PPL Acquisition of Narragansett
FERC approved PPL’s purchase of Narragansett Electric in Rhode Island from National Grid for $3.8 billion, giving the Pa.-based company a foothold in ISO-NE.

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