Energy News

PPL Montana reaches agreement to sell hydroelectric facilities

Author: Australian Business

ALLENTOWN, Pa., Sept. 26, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced Thursday (9/26) that its PPL Montana, LLC subsidiary has reached an agreement to sell its hydroelectric facilities to NorthWestern Energy for $900 million in cash, subject to certain adjustments.......

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