PPL · 8-K · 20260807PR000042
Capital Expenditures Program
PPL Corp · 2026-08-07 · Importance 70 · Surprise 56 · In source text
PPL spent $2,339 million on property, plant and equipment during the first six months of 2026, up $616 million, or 35.7%, from $1,723 million in the prior-year period. Regulated utility plant, net, increased to $33,565 million at June 30, 2026, from $32,650 million at December 31, 2025. Construction work in progress rose to $4,149 million from $3,437 million, reflecting continued grid and regulated utility investment. The company estimates Pennsylvania and Kentucky economic development activity could create $10 billion to $12 billion of generation-related investment upside through 2032.
Key facts
- Expenditures for property, plant and equipment for the six months ended June 30, 2026: $2,339 million (cash flows from investing activities). source
- Construction work in progress at June 30, 2026: $4,149 million. source
- Net cash used in investing activities for the six months ended June 30, 2026: $(2,407) million. source
- Accrued expenditures for property, plant and equipment at June 30, 2026: $612 million (significant non-cash transactions). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | realized | — | Expenditures for property, plant and equipment for the six months ended June 30, 2026: $2,339 million (cash flows from investing… |
| assets | positive | realized | — | Construction work in progress at June 30, 2026: $4,149 million. |
| cash | negative | realized | — | Net cash used in investing activities for the six months ended June 30, 2026: $(2,407) million. |
| assets | positive | realized | — | Accrued expenditures for property, plant and equipment at June 30, 2026: $612 million (significant non-cash transactions). |