UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM

~~FORM~~ 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) ~~of the Securities Exchange Act of 1934~~

~~Date~~ of ~~Report (Date~~the ofSecurities ~~earliest~~Exchange ~~event~~Act ~~reported): April~~of ~~21,~~1934 ~~2015~~

Commission File Number	Registrant; State of Incorporation; Address and Telephone Number	IRS Employer Identification No.
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
333-173665	LG&E and KU Energy LLC (Exact name of Registrant as specified in its charter) (Kentucky) 220 West Main Street Louisville, KY 40202-1377 (502) 627-2000	20-0523163
1-2893	Louisville Gas and Electric Company (Exact name of Registrant as specified in its charter) (Kentucky) 220 West Main Street Louisville, KY 40202-1377 (502) 627-2000	61-0264150
1-3464	Kentucky Utilities Company (Exact name of Registrant as specified in its charter) (Kentucky and Virginia) One Quality Street Lexington, KY 40507-1462 (502) 627-2000	61-0247570

Date of Report (Date of earliest event reported): July 29, 2025

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:


Commission File Number	Registrant; State of Incorporation; Address and Telephone Number	IRS Employer Identification No.

1-11459	PPL Corporation	23-2758192
	(Exact name of Registrant as specified in its charter)

	Pennsylvania
	645 Hamilton Street
	Allentown, PA 18101
	(610) 774-5151

1-2893	Louisville Gas and Electric Company	61-0264150
	(Exact name of Registrant as specified in its charter)

	Kentucky
	820 West Broadway
	Louisville, KY 40202
	(502) 627-2000

1-3464	Kentucky Utilities Company	61-0247570
	(Exact name of Registrant as specified in its charter)

	Kentucky and Virginia
	One Quality Street
	Lexington, KY 40507-1462
	(502) 627-2000

Check the appropriate box below if the Form

~~[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a~~8-12 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))K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

~~Section~~☐ 7Written –communications ~~Regulation FD~~pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

~~Item~~☐ ~~7.01~~Soliciting ~~Regulation~~material FDpursuant ~~Disclosure~~to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

A☐ ~~copy~~Pre-commencement ofcommunications ~~the~~pursuant ~~Companies'~~to ~~below~~Rule 14d-~~described press~~2(b) ~~release~~under isthe ~~furnished~~Exchange asAct ~~Exhibit~~(17 ~~99.1~~CFR ~~to this report~~240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol:	Name of each exchange on which registered
Common Stock of PPL Corporation	PPL	New York Stock Exchange
Junior Subordinated Notes of PPL Capital Funding, Inc. 2007 Series A due 2067	PPL/67	New York Stock Exchange

Indicate by a check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule

12b-2

of the Securities Exchange Act of 1934

(§240.12b-2

of this chapter).

☐	PPL Corporation

☐	Louisville Gas and Electric Company

☐	Kentucky Utilities Company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐	PPL Corporation

☐	Louisville Gas and Electric Company

☐	Kentucky Utilities Company

Section 8 - Other Events

Item 8.01 Other Events

On ~~April 21~~July 29, ~~2015~~2025, Louisville Gas and Electric Company ("“LG&E"”) and Kentucky Utilities Company ("“KU"”, and, ~~together~~collectively with LG&E, the " “Companies"”) ~~issued~~announced ~~a press release announcing~~ that they ~~have~~filed ~~entered into a unanimous settlement agreement~~ with the ~~intervenors~~ ~~in their proceedings commenced in November 2014 before the~~ Kentucky Public Service Commission ("“KPSC"”) ~~regarding increases~~a instipulation ~~base~~and ~~electric~~recommendation ~~rates~~(the at“stipulation”) ~~LG&E~~regarding ~~and~~a KUproposed ~~and~~resolution ~~base~~of ~~gas~~issues ~~rates~~with atseveral ~~LG&E.~~of ~~Subject~~the tointervenors ~~KPSC~~in ~~review~~the ~~and~~Companies’ ~~approval,~~proceedings commenced in February 2025 before the ~~rate changes~~KPSC ~~could~~regarding ~~become~~certain ~~effective~~future ongeneration-related orconstruction ~~after~~projects ~~July~~and 1,associated ~~2015~~accounting matters.

~~The~~Under ~~proposed~~the ~~settlement~~stipulation, ~~provides for~~the ~~increases~~parties inagree the ~~annual~~KPSC ~~revenue~~should ~~requirements~~issue ~~associated~~an ~~with~~order KUgranting ~~base~~Certificates ~~electric rates~~ of ~~$125~~Public ~~million~~Convenience and ~~LG&E~~Necessity ~~base~~for: ~~gas rates~~(a) an ofapproximately $7645 ~~million.~~MW ~~The~~natural ~~annual~~gas ~~revenue~~combined-cycle ~~requirement~~combustion ~~associated~~turbine ~~with~~(“NGCC”) ~~base~~generation ~~electric~~unit ~~rates~~ at ~~LG&E~~KU’s ~~will not increase~~E.W. NoBrown ~~return on~~Generating ~~equity~~Station ~~was~~(“Brown ~~established~~12”); ~~for~~(b) ~~base~~an ~~rates,~~approximately ~~however~~645 ~~the~~MW ~~settlement~~NGCC ~~authorizes~~generation aunit ~~10%~~at ~~return~~LG&E’s onMill ~~equity~~Creek ~~with~~Generating ~~respect~~Station to(“Mill ~~the~~Creek ~~Companies' environmental~~6”); ~~cost recovery~~ and ~~gas~~(c) a ~~line~~selective ~~tracker~~catalytic ~~rate~~reduction ~~mechanisms.~~(“SCR”) ~~The~~system ~~settlement~~at ~~agreement~~KU’s ~~also~~Ghent ~~provides~~Generating ~~for~~Station, ~~deferred~~Unit ~~recovery of portions of certain pension-related and plant-related costs~~2.

Additionally, under the stipulation, if approved, the Brown 12 and Mill Creek 6 costs incurred during construction would be eligible for AFUDC accounting treatment, the Ghent 2 SCR would be recovered under the existing Environmental Cost Recovery (“ECR”) mechanism, the relevant costs regarding Mill Creek 6 would be recovered through a new rate tracker mechanism, the retirement date for the existing Mill Creek Unit 2 would be extended from 2027 to the

~~A hearing on the settlement took place on April 21, 2015. An order with respect to the rate proceedings is anticipated from the KPSC on or before June 30, 2015.~~in-service

date of Mill Creek 6, and the Companies’ proposal to build a four-hour 400MW (1,600 MWh total) battery electric storage system (“BESS”) at LG&E’s Cane Run Generating Station would be withdrawn without prejudice.

Finally, the stipulation also contains provisions relating to regulatory asset accounting, proposed data center tariffs, future renewable power

requests-for-proposals

and other matters. LG&E and KU would retain the right to seek approval of the Cane Run BESS project or similar substitute projects in future regulatory proceedings.

The aggregate projected capital expenditures associated with the Companies’ proposals in the original application were expected to be approximately $4.1 billion, including AFUDC, over the 2025 to 2031 period, with approximately $2.3 billion in the 2025 to 2028 $20 billion capital plan of PPL Corporation (“PPL”), of which approximately $0.9 billion represented the Cane Run BESS project. As a result of the 40% tax credits assumed on the Cane Run BESS project, the amount assumed in PPL’s rate base projection was approximately $0.5 billion. PPL is not modifying its capital plan or rate base projections at this time as PPL expects additional investment needs over the current plan period, including additional transmission investment to support data centers in Pennsylvania. PPL plans to update its capital plan and rate base projections in conjunction with the

year-end

earnings call, as per normal practice.

The stipulation remains subject to approval by the KPSC. A hearing has been scheduled to begin on August 4, 2025. LG&E and KU anticipate a ruling from the KPSC during the fourth quarter of 2025. LG&E and KU cannot predict the outcome of the proceeding.

Cautionary Statement on Forward-Looking Statements

Statements in this report regarding future events and their timing, including statements as to future costs or expenses, regulation, corporate strategy and performance, are “forward-looking statements” within the meaning of the federal securities laws. Although the PPL Corporation and the Companies believe that the expectations and assumptions reflected in these forward-looking statements are reasonable, these expectations, assumptions and statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: subsequent phases of rate proceedings and regulatory cost recovery; market demand and prices for electricity and natural gas; political, regulatory or economic conditions in states and regions where the Companies conduct business; final negotiated terms and conditions in any prospective contracts and the progress of actual construction, purchase or installation of assets or operations. All forward-looking statements should be considered in light of these important factors and in conjunction with PPL Corporation’s and the Companies’ Form

10-K

and other reports on file with the Securities and Exchange Commission.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

	(a)		Exhibits
			99.1 -	Press Release dated April 21, 2015 announcing the unanimous rate proceeding settlement of Louisville Gas and Electric Company and Kentucky Utilities Company.

(d) Exhibits

Statements in this report and the accompanying press release, including statements with respect to future events and their timing, including the Companies’ potential regulatory outcomes regarding the requested rate increases, rate mechanisms and future rates or returns on equity ultimately authorized or achieved, as well as statements as to future costs or expenses, regulation, corporate strategy and performance, are “forward-looking statements” within the meaning of the federal securities laws. Although the Companies believe that the expectations and assumptions reflected in these forward-looking statements are reasonable, these expectations, assumptions and statements are subject to a number of risks and uncertainties, and actual results may differ materially from the results discussed in the statements. The following are among the important factors that could cause actual results to differ materially from the forward-looking statements: subsequent phases or rate relief and regulatory cost recovers; market demand and prices for electricity; political, regulatory or economic conditions in states and regions where the Companies conduct business; and the progress of actual construction, purchase or repair of assets or operations subject to tracker mechanisms. Any such forward-looking statements should be considered in light of such important factors and in conjunction with PPL Corporation’s, LG&E and KU Energy LLC’s and the Companies’ Form 10-K and other reports on file with the Securities and Exchange Commission.


99.1 -		Press Release dated July 29, 2025 of Louisville Gas and Electric Company and Kentucky Utilities Company.

104 -		Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document).

~~SIGNATURES~~SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, ~~the~~each ~~Registrants~~Registrant ~~have~~has duly caused this report to be signed on ~~their~~its behalf by the undersigned hereunto duly authorized.

PPL CORPORATION By: /s/ ~~Stephen~~Marlene KC. ~~Breininger~~Beers ~~Stephen~~Marlene KC. ~~Breininger~~BeersVice ~~Vice~~ President and Controller LOUISVILLE GAS AND ELECTRIC COMPANY By: /s/ Christopher M. Garrett Christopher M. GarrettVice President-Finance and Accounting KENTUCKY UTILITIES COMPANY By: /s/ Christopher M. Garrett Christopher M. GarrettVice President-Finance and Accounting

~~LG&E AND KU ENERGY LLC By~~Dated: July 29, ~~/s/~~2025 ~~Kent W. Blake Kent W. Blake Chief Financial Officer~~

LOUISVILLE GAS AND ELECTRIC COMPANY By: /s/ Kent W. Blake Kent W. Blake Chief Financial Officer

KENTUCKY UTILITIES COMPANY By: /s/ Kent W. Blake Kent W. Blake Chief Financial Officer

Dated: April 22, 2015

Filing Compare · LOUISVILLE GAS & ELECTRIC CO /KY/