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Talen Energy Timeline

Talen Energy Timeline

• June 2014: PPL confirms it will spin off its power plant and energy marketing business, combining it with certain power plants owned by New York-based Riverstone Holdings, to create a new entity, Talen Energy. • July 2014: PPL files documents with Federal Energy Regulatory Commission promising to make a "commercially reasonable effort" to keep Talen in Allentown's Neighborhood Improvement Zone for at least three years, until its lease on PPL Plaza expires in 2018. • September 2014: PPL promises Talen Energy will remain in the Lehigh Valley. • November 2014: PPL announces 450 job cuts related to Talen Energy spinoff. • December 2014:...

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