Hunton Andrews Kurth LLP acted as counsel to the managers, the forward sellers and the forward purchasers in connection with the establishment of PPL Corporation’s (“PPL”) at-the-market (“ATM”) program to sell shares of PPL’s common stock having an aggregate gross sales price of up to $2  billion from time to time through either the sales agents or the forward sellers, who will, at PPL’s request, borrow shares of PPL’s common stock from third parties.

PPL is headquartered in Allentown, Pennsylvania and is a utility holding company, incorporated in 1994. PPL delivers electricity to customers through its regulated utility subsidiaries in Pennsylvania, Kentucky, Virginia, and Rhode Island; delivers natural gas to customers in Kentucky and Rhode Island; and generates electricity from power plants in Kentucky.

The Hunton team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman, Jingyi “Alice” Yao and Gabrielle Kraushaar. Joseph B. Buonanno provided advice on the forward component. Robert McNamara, William Freeman, Caitlin Scipioni and Katherine Gallagher provided tax advice. Leslie A. Okinaka provided ERISA advice.