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October 08, 2015 1:37 PM ET

Electric Utilities

Company Overview of PPL Montana, LLC

Company Overview

PPL Montana, LLC generates and sells electricity to wholesale customers, large industrial customers, and electricity cooperatives in Montana. The company generates electricity through its coal-fired power plants in Billings and Colstrip, Montana. It also buys and markets electricity on a short-term or daily basis for retail customers. The company was founded in 1998 and is based in Billings, Montana with additional offices in Butte and Helena, Montana. PPL Montana, LLC operates as a subsidiary of PPL Generation, LLC.

303 North Broadway

Suite 400

Billings, MT 59101

United States

Founded in 1998





Key Executives for PPL Montana, LLC

Principal Executive Officer, President and Manager
Age: 66
Principal Financial Officer, Treasurer and Manager
Age: 62
Principal Accounting Officer and Controller
Associate General Counsel
Senior Vice President-Fossil and Hydro Generation - Ppl Generation
Age: 64
Compensation as of Fiscal Year 2015.

PPL Montana, LLC Key Developments

PPL Montana Announces Executive Changes

PPL Montana has announced the retirement of Pete Simonich as vice president and COO. Charles Baker, currently controller, will become general manager for Montana operations of the new Talen Energy Corporation, which will be established when PPL completes the spinoff of its competitive Energy Supply business on June 1, 2015.

PPL Montana Reportedly Mulls Sale Of Assets

PPL Montana, LLC is reportedly seeking parties to buy or dispose of the pieces of its shuttered coal-fired power plant in Billings including 74 acres along the Yellowstone River. PPL Montana posted a notice on April 14, 2015, offering up the J.E. Corette Steam Electric Station for "acquisition, disposal or other alternative use." The offer includes the plant site, its steam boiler, turbine and other equipment.

PPL Montana Shuts Down J.E. Corette Power Plant in Billings

PPL Montana announced that due to regulations implemented by the Environmental Protection Agency (EPA) it is being forced to permanently shut down the J.E. Corette power plant in Billings. The company previously mothballed the plant, but due to the spike in costs to upgrade the facility as well as impending EPA regulations, keeping the 30-worker facility operating was not an option.

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