PPL Corporation	Exhibit 21
Subsidiaries of the Registrant
At December 31, 2021
The following listing of subsidiaries omits subsidiaries which, considered in the aggregate as a single subsidiary, would not constitute a significant subsidiary as of December 31, 2021.
Company Name	State or Jurisdiction of
Business Conducted under Same Name	Incorporation/Formation
CEP Commerce, LLC	Delaware
CEP Lending, Inc.	Delaware
CEP Reserves, Inc.	Delaware
Kentucky Utilities Company	Kentucky and Virginia
LG&E and KU Capital LLC	Kentucky
LG&E and KU Energy LLC	Kentucky
Louisville Gas and Electric Company	Kentucky
PPL Capital Funding, Inc.	Delaware
PPL Distributed Energy Resources, LLC	Delaware
PPL Electric Utilities Corporation	Pennsylvania
PPL Energy Funding Corporation	Pennsylvania
PPL Energy Holdings, LLC	Delaware
PPL Renewables, LLC	Delaware
PPL Safari Holdings, LLC	Delaware
PPL Strategic Development, LLC	Delaware
PPL Subsidiary Holdings, LLC	Delaware
Safari Energy, LLC	Delaware