Global law firm K&L Gates LLP served as federal regulatory counsel to PPL Corporation (PPL) in its $7.6 billion acquisition of E.ON U.S. LLC and its utility subsidiaries, Louisville Gas & Electric Company and Kentucky Utilities Company. The acquisition, which closed today, received final regulatory approval from the Federal Energy Regulatory Commission (FERC) on October 26.
In addition to FERC approval, K&L Gates assisted PPL in securing the approval of the Federal Communications Commission and clearances from the Department of Justice and Federal Trade Commission under the Hart-Scott-Rodino pre-merger notification process.
Led by Washington, D.C., partners Donald A. Kaplan, Andrew B. Young, Brian K. McCalmon, and Martin L. Stern, along with senior associate William M. Keyser, the K&L Gates team advising PPL involved lawyers from the firm’s energy, antitrust, and telecommunications practices in both the Washington, D.C., and Seattle offices.
