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Alimera Sciences, Inc. (ALIM) Message Board

hanshi_frank_dux 3 posts  |  Last Activity: Mar 30, 2015 10:08 AM Member since: Nov 3, 2006
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  • Reply to

    Why Did This

    by wall_street_mayhem Mar 24, 2015 5:22 PM
    hanshi_frank_dux hanshi_frank_dux Mar 30, 2015 10:08 AM Flag

    PPL, with 2014 revenues of $13 billion, is one of the largest companies in the US utility sector. The PPL family of companies delivers electricity and natural gas to 10 million customers in the US and UK. In June 2014, PPL announced an agreement to combine its competitive generation business with the competitive generation business of Riverstone Holdings to form Talen Energy, an independent power producer. Then PPL will spin off Talen Energy to shareholders in the first half of 2015.

  • Reply to

    FYI: German electricity

    by investors_liberation_movement Feb 13, 2015 5:20 PM
    hanshi_frank_dux hanshi_frank_dux Mar 4, 2015 10:05 AM Flag

    PPL Corporation, with 2014 revenues of $11.5 billion, is one of the largest companies in the U.S. utility sector. The PPL family of companies delivers electricity and natural gas to about 10 million customers in the United States and United Kingdom. In June 2014, PPL announced an agreement to combine its competitive generation business with the competitive generation business of Riverstone Holdings LLC to form Talen Energy Corporation, an independent power producer. Then PPL will spin off Talen Energy to shareholders.

  • Reply to

    PPL

    by musical_priest Feb 20, 2015 11:17 AM
    hanshi_frank_dux hanshi_frank_dux Feb 21, 2015 6:33 PM Flag

    PPL and Riverstone Holdings have agreed to combine their independent power generation businesses into a new stand-alone, publicly traded power producer, allowing PPL to focus on its regulated utility business.

    The new company, called Talen Energy, will own and operate 15,320 megawatts of generating capacity in Maryland, New Jersey, Texas, Massachusetts, Pennsylvania and Montana and generate sales of $7.2 billion, making it the third-largest investor-owned independent power producer in the country.

    In what's known as a Reverse Morris Trust, PPL will spin off PPL Energy Supply LLC, the parent of PPL Generation LLC and PPL EnergyPlus LLC, to PPL shareholders and then combine it with Riverstone's generation business and take it public on the New York Stock Exchange.

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