PPL receives PUC approvals to support completion of strategic initiative

The PUC approved a securities certificate authorizing PPL Electric Utilities to issue up to $900 million of debt securities. The PUC also approved a long-term energy supply contract under which PPL Electric Utilities will purchase electricity for its customers in Pennsylvania who do not select an alternate energy supplier. In June, PPL announced the results of a competitive bidding process in which PPL EnergyPlus, the corporation’s energy marketing and trading subsidiary, was selected to fill the energy supply requirements of PPL Electric Utilities from 2002 through 2009.

CLEVELAND, July 9, 2001 — Sentex Sensing Technology, Inc. announced today that it is entering a growing niche market in the energy industry, trading and leasing electric power generation equipment.


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