Announced
Completed
Synopsis
PPL, a utility holding company, completed the acquisition of a majority stake in transmission project from SOO Green HVDC Link, an underground high-voltage direct current transmission line. Financial terms were not disclosed. "PPL is pleased to support a project focused on transforming how major transmission line projects are built in the US. SOO Green's innovative approach aims to remove key barriers to interregional transmission line construction that will be essential to connecting more largescale renewable energy to the grid. As PPL seeks to advance a clean energy transition, we look forward to gaining insight from SOO Green's innovative approach, and we are excited to lend our capabilities to support the project's success," Gregory N. Dudkin, PPL Executive Vice President and COO.
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