UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 13, 2005
Commission File Number | Registrant; State of Incorporation; Address and Telephone Number | IRS Employer Identification No. |
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| 1-11459 | PPL Corporation (Exact name of Registrant as specified in its charter) (Pennsylvania) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151 | 23-2758192 |
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| 333-74794 | PPL Energy Supply, LLC (Exact name of Registrant as specified in its charter) (Delaware) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151 | 23-3074920 |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| [ ] | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 8 - Other Events
Item 8.01 Other Events
On May 13, 2005, an indirect, wholly owned subsidiary of PPL Energy Supply, LLC (“PPL Energy Supply”), which is an indirect, wholly owned subsidiary of PPL Corporation (“PPL”), completed the previously announced sale of its 450-megawatt Sundance power plant located in Pinal County, Arizona to Arizona Public Service Companyfor approximately $190 million in cash.Proceeds of the sale are expected to be used to reduce the companies’ outstanding debt and improve their liquidity.PPL and PPL Energy Supply will recognize a non-cash, loss on sale charge of approximately $47 million after taxes (or $0.25 per share for PPL) in the second quarter of 2005 related to this transaction.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
| | PPL CORPORATION |
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| | By: | /s/ Paul A. Farr Paul A. Farr Vice President and Controller |
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| | PPL ENERGY SUPPLY, LLC |
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| | By: | /s/ Paul A. Farr Paul A. Farr Vice President and Controller |
Dated: May 13, 2005
