ClosedPublished 25 May 2022

PPL /
The Narragansett Electric

PPL Corporation completes acquisition of The Narragansett Electric Company

Price
$3.82bn
Stage
Closed
Source · 25 May 2022
01 / BuyerPPL
02 / TargetThe Narragansett Electric
01

What happened

PPL Corporation and its subsidiary PPL Rhode Island Holdings, LLC completed the acquisition of The Narragansett Electric Company on May 25, 2022. PPL Rhode Island purchased all of the outstanding common shares for approximately $3.82 billion in cash, subject to customary post-closing adjustments.

The acquired company will continue to provide services under the name Rhode Island Energy.

02

The source

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01
Source · Source

PPL Corporation completes acquisition of The Narragansett Electric Company

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03

Timeline

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  1. Closed

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  2. Published by the source

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