PPL to sell propane, distribution businesses


CSA Z462 Arc Flash Training – Electrical Safety Compliance Course

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$249
Coupon Price:
$199
Reserve Your Seat Today
PPL Corp. of Allentown said it plans to sell its natural gas distribution business, PPL Gas Utilities Corp., and its propane business, Penn Fuel Propane.

The natural-gas company serves about 77,000 customers in 34 Pennsylvania counties and a small area of Maryland. It operates 3,800 miles of pipeline and owns underground gas storage space in three reservoirs in north-central Pennsylvania. The propane business buys wholesale propane and delivers it to 34,000 industrial, commercial and residential customers in Pennsylvania, Delaware, Maryland and West Virginia.

PPL officials said they are selling the businesses because they are a small part of the company. They accounted for about 1 percent of PPL's earnings from ongoing operations last year, the company said.

"Although these businesses have been operationally and financially successful, their relative size and earnings contributions limit their strategic value to PPL's future growth," Chief Operating Officer William Spence said. "We believe the capital investments necessary to maintain and expand these businesses would be better devoted to our core electricity supply and delivery businesses."

PPL has sold business units in El Salvador and Bolivia in the past year to focus on its core business. It has also reached an agreement to sell its telecommunications business. The company expects a sale to be completed during the second half of next year.

It did not name any potential buyers. The company has hired Lehman Brothers as financial adviser during the sales process. PPL ranks as the Valley's fourth-largest employer, with about 2,700 employees in Lehigh and Northampton counties at the start of the year.

Related News

Inside Copenhagen’s race to be the first carbon-neutral city

Hedonistic Sustainability turns Copenhagen's ARC waste-to-energy plant into a public playground, blending ski slope, climbing…
View more

Ontario will not renew electricity deal with Quebec

Ontario-Quebec Electricity Trade Agreement ends as Ontario pivots to IESO procurement, hydropower alternatives, natural gas…
View more

Denmark's climate-friendly electricity record is incinerated

Denmark Renewable Energy Outlook assesses Eurostat ranking, district heating and trash incineration, EV adoption, wind…
View more

Basin Electric and Clenera Renewable Energy Announce Power Purchase Agreement for Montana Solar Project

Cabin Creek Solar Project Montana delivers 150 MW of utility-scale solar under a Power Purchase…
View more

Ontario Launches Largest Competitive Energy Procurement in Province’s History

Ontario Competitive Energy Procurement accelerates renewables, boosts grid reliability, and invites competitive bids across solar,…
View more

Net-zero roadmap can cut electricity costs by a third in Germany - Wartsila

Germany net-zero roadmap charts coal phase-out by 2030, rapid renewables buildout, energy storage, and hydrogen-ready…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Download the 2026 Electrical Training Catalog

Explore 50+ live, expert-led electrical training courses –

  • Interactive
  • Flexible
  • CEU-cerified