Tag Archives: #Riverstone_Holdings

#PPL Corp. (PPL) Stock Falls After Spinoff Completion

PPL Corp. (PPL) Stock Falls After Spinoff Completion NEW YORK (TheStreet) — Shares of PPL Corp. (PPL – Get Report) were falling 8.5% to $31.82 on Tuesday, a day after the electric utility company completed the spinoff of its competitive supply business. The spinoff power company, called Talen Energy, also includes generation assets owned Riverstone … Continue reading #PPL Corp. (PPL) Stock Falls After Spinoff Completion

#Talen_Energy Corp. established as #PPL_Corp. #energy #generation spinoff

Talen Energy Corp. established as PPL Corp. energy generation spinoff PPL Corp.’s competitive power generation spinoff Talen Energy Corp. was established Monday, comprising assets that generated $4.3 billion in revenue in 2014. Allentown-based PPL and its partner in the new company, Riverstone Holdings LLC, received final regulatory approval in April to form Talen. The spinoff … Continue reading #Talen_Energy Corp. established as #PPL_Corp. #energy #generation spinoff