LG&E and KU file stipulation with KPSC for two 645 MW NGCC units, SCR, withdraws BESS

LOUISVILLE GAS & ELECTRIC CO /KY/

Stipulation filed July 29 covering two 645 MW NGCC units (Brown 12, Mill Creek 6) and Ghent Unit 2 SCR.
Cane Run BESS project withdrawn without prejudice; cost recovery and AFUDC terms included.
Aggregate capex for proposals originally ~$4.1B; PPL not modifying current capital plan, update at year-end.
KPSC hearing set Aug 4, ruling expected Q4 2025; stipulation supported by KY AG, KIUC, SREA, KCA.

item 8.01item 9.01

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