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PPL Corp.'s power generation spinoff Talen Energy will keep its headquarters in the Lehigh Valley.. "The Talen headquarters will be somewhere local," PPL Corp. spokesman George Lewis said Wednesday. "It will be in the Lehigh Valley, but a specific location has not been chosen." This summer, PPL Corp. announced plans to spin off its PPL Supply electricity generation and marketing division, and combine it with the New York-based Riverstone Holdings, to create a company called Talen Energy focused on generating and marketing electricity. It has previously committed only to place the headquarters in Pennsylvania for at least three years and to make "commercially reasonable efforts" to keep the business in Allentown's downtown Neighborhood Improvement Zone. Click here to read the full article.
PPL Corp.'s power generation spinoff Talen Energy will keep its headquarters in the Lehigh Valley..
"The Talen headquarters will be somewhere local," PPL Corp. spokesman George Lewis said Wednesday. "It will be in the Lehigh Valley, but a specific location has not been chosen."
This summer, PPL Corp. announced plans to spin off its PPL Supply electricity generation and marketing division, and combine it with the New York-based Riverstone Holdings, to create a company called Talen Energy focused on generating and marketing electricity.
It has previously committed only to place the headquarters in Pennsylvania for at least three years and to make "commercially reasonable efforts" to keep the business in Allentown's downtown Neighborhood Improvement Zone. Click here to read the full article.