0000922224-14-000110.txt : 20140908 0000922224-14-000110.hdr.sgml : 20140908 20140908152124 ACCESSION NUMBER: 0000922224-14-000110 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140906 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140908 DATE AS OF CHANGE: 20140908 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPL Corp CENTRAL INDEX KEY: 0000922224 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 232758192 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11459 FILM NUMBER: 141090788 BUSINESS ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 BUSINESS PHONE: 610-774-5151 MAIL ADDRESS: STREET 1: TWO N NINTH ST CITY: ALLENTOWN STATE: PA ZIP: 18101-1179 FORMER COMPANY: FORMER CONFORMED NAME: PPL CORP DATE OF NAME CHANGE: 20000214 FORMER COMPANY: FORMER CONFORMED NAME: PP&L RESOURCES INC DATE OF NAME CHANGE: 19941123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PPL ENERGY SUPPLY LLC CENTRAL INDEX KEY: 0001161976 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 000000000 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32944 FILM NUMBER: 141090789 BUSINESS ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 BUSINESS PHONE: 610.774.5151 MAIL ADDRESS: STREET 1: TWO NORTH NINTH STREET CITY: ALLENTOWN STATE: PA ZIP: 18101 8-K 1 form8k.htm FORM 8-K form8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  September 6, 2014

Commission File
Number
Registrant; State of Incorporation;
Address and Telephone Number
IRS Employer
Identification No.
     
1-11459
PPL Corporation
(Exact name of Registrant as specified in its charter)
(Pennsylvania)
Two North Ninth Street
Allentown, PA  18101-1179
(610) 774-5151
23-2758192
     
1-32944
PPL Energy Supply, LLC
(Exact name of Registrant as specified in its charter)
(Delaware)
Two North Ninth Street
Allentown, PA  18101-1179
(610) 774-5151
23-3074920

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 
 

 

Section 7 – Regulation FD

Item 7.01 Regulation FD Disclosure

On September 6, 2014, PPL Corporation ("PPL") and PPL Energy Supply, LLC ("PPL Energy Supply") issued a press release announcing that Unit 2 at the Susquehanna nuclear generating station had been voluntarily shut down to inspect certain of the unit's turbine blades for evidence of cracking.

A copy of the press release is furnished as Exhibit 99.1 to this Report.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

 
(d)
 
Exhibits
 
         
     
99.1 -
Press Release, dated September 6, 2014, announcing the voluntary shut down of PPL Energy Supply, LLC's Susquehanna Unit 2 nuclear generating station for turbine blade inspection.

 

 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
 
 
 
PPL CORPORATION
       
 
By:
/s/ Stephen K. Breininger
 
   
Stephen K. Breininger
Controller
 
 
 
PPL ENERGY SUPPLY, LLC
       
 
By:
/s/ Stephen K. Breininger
 
   
Stephen K. Breininger
Controller
 




Dated:  September 8, 2014
EX-99.1 2 exhibit99_1.htm EXHIBIT 99.1 exhibit99_1.htm
Exhibit 99.1


Contact:
Joe Scopelliti, 866-832-4474, jjscopelliti@pplweb.com
 
PPL Susquehanna

Unit 2 at Susquehanna Nuclear Power Plant Shut Down for Turbine Inspection


BERWICK, Pa. (Sept. 6, 2014) -- Operators at PPL Corporation's Susquehanna nuclear power plant disconnected Unit 2 from the regional electric grid Saturday (9/6) to inspect its turbine blades. Data from the extensive vibration monitoring equipment installed on the turbine indicates that a few turbine blades may have developed small cracks.
“Our decision to shut down Unit 2 at this time, based on the vibration data, reflects our continuing commitment to the plant’s long-term safety and reliability,” said Timothy S. Rausch, PPL Susquehanna senior vice president and Chief Nuclear Officer.
While the unit is shut down, workers will perform additional maintenance activities that can be done only when the unit is not operating.
PPL Susquehanna installed newly designed blades on the Unit 1 turbine earlier this year, and based on their performance, is preparing to install similar blades during the next scheduled Unit 2 refueling and maintenance outage in the spring of 2015.
The new blades are designed to reduce vibration, which is believed to be a primary contributor to cracking. Monitoring of the Unit 1 turbine since the new blades were installed has shown significantly reduced vibration levels. Unit 1 continues to operate at full power.
The financial impact of the current outage is not expected to be material. PPL Corporation is maintaining its 2014 forecast of $2.20 to $2.40 per share in earnings from ongoing operations. The forecast for reported earnings is a range of $1.70 to $1.90 per share, reflecting special items recorded through the second quarter.
The Susquehanna plant, located in Luzerne County about seven miles north of Berwick, is owned jointly by PPL Susquehanna LLC and Allegheny Electric Cooperative Inc. and is operated by PPL Susquehanna.
PPL Susquehanna LLC is one of PPL Corporation's generating affiliates. PPL Corporation (NYSE: PPL), with 2013 revenues of $12 billion, is one of the largest companies in the U.S. utility sector. The PPL family of companies delivers electricity and natural gas to about 10 million customers in the United States and the United Kingdom. PPL recently announced an agreement to combine its competitive generation company with the competitive generation business of Riverstone Holdings LLC to form Talen Energy Corporation, a highly competitive independent power producer. More information is available at www.pplsusquehanna.com and www.pplweb.com.


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Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.