PPL Corporation is a prominent holding company in the U.S. utility sector, overseeing regulated utilities in Pennsylvania, Kentucky, and Rhode Island. Its subsidiaries include PPL Electric Utilities, which delivers electricity across central and eastern Pennsylvania, as well as Louisville Gas and Electric and Kentucky Utilities, which engage in the regulated generation, transmission, and distribution of electricity and gas in Kentucky. Additionally, Rhode Island Energy provides electric and gas services in Rhode Island. PPL is dedicated to delivering reliable energy services while maintaining a strong commitment to customer satisfaction, consistently earning high rankings in service quality. The company emphasizes stable earnings and a secure dividend, appealing to investors looking for low-risk opportunities. Furthermore, PPL actively contributes to the communities it serves through job creation initiatives, charitable donations, and encouraging employee volunteerism, thereby enhancing the quality of life in those areas.
Narragansett Electric is the largest electricity transmission and distribution service provider to Rhode Island, as well as a natural gas distributor in the state, serving approximately 780,000 customers.
Safari Energy
Acquisition in 2018
Safari Energy, LLC is a renewable energy company based in New York that specializes in the development, ownership, and operation of commercial-scale solar photovoltaic systems. Founded in 2008, the company provides solar energy solutions tailored to a diverse clientele, including educational institutions, municipalities, office buildings, retail spaces, industrial facilities, storage facilities, parking structures, and agricultural clients. Safari Energy manages the entire project lifecycle, from initial development and financing to engineering, permitting, construction, interconnection, and ongoing asset management. By utilizing long-term power purchase agreements, the company sells energy directly to end users, enabling them to optimize returns through the deployment of solar power. As of May 2018, Safari Energy operates as a subsidiary of PPL Corporation.
AES Ironwood
Acquisition in 2012
Engages in the development, construction, ownership, operation, and maintenance of a 705-megawatt gas-fired.
AES Prescott
Acquisition in 2012
The company was founded in 1998 and is based in the United States.
GridEdge Networks
Venture Round in 2004
GridEdge Networks, Inc. specializes in developing and selling transfer trip protection systems tailored for electric utilities and independent power producers. The company's offerings include distributed generation transfer trip protection products designed for applications such as solar, wind, biogas, and energy storage. GridEdge Networks employs innovative powerline carrier technologies that enhance the reliability and cost-effectiveness of grid protection and monitoring systems, facilitating easier installation and lower interconnection costs. Additionally, the company provides a range of professional services, including site surveys, network designs, installations, configurations, and technical support, both remote and onsite. Founded in 2001 and based in Littleton, Massachusetts, GridEdge Networks is committed to enabling the integration of large-scale renewable energy generation with existing utility infrastructure.
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