PPL Corp. (PPL) acquires an AES Corp. (AES) subsidiary that operates a combined-cycle natural...

|About: PPL Corporation (PPL)|By:, SA News Editor

PPL Corp. (PPL) acquires an AES Corp. (AES) subsidiary that operates a combined-cycle natural gas-fired power plant in Pennsylvania. The cost of the transaction runs $304M, including a $87M cash consideration.