PPL Corp Releases Three Years of Audited Financial Statements for Rhode Island Energy
PPL Corporation (NYSE: PPL) has made a significant move by releasing three years of audited financial statements for its subsidiary, The Narragansett Electric Company, operating as Rhode Island Energy (RIE). These financial statements for the fiscal years ending in 2022, 2021, and 2020 can now be accessed on the Fixed Income Information page of PPL’s investor website.
By making these statements available online, PPL intends to offer investors and other stakeholders detailed financial information pertaining to this subsidiary, which currently isn’t an SEC registrant. Going forward, the company plans to continue publishing annual financial statements for RIE as they become available.
PPL Corporation, headquartered in Allentown, Pennsylvania, is a leading energy company in the United States that focuses on the safe, reliable, and affordable provision of electricity and natural gas to over 3.5 million customers. The company’s utilities are recognized for their high performance and have received awards for their contributions in addressing energy challenges. PPL is committed to building intelligent, resilient, and dynamic power grids, while also actively promoting sustainable energy solutions.
