As any of you local people probably know, E.ON, the German parent company of our utilities here, was rumored to be selling the company. For a lot of us at work, we were scared this meant downsizing. Everyone thought we were being sold to Duke Energy, which has business in Indiana, I believe, but is based in North Carolina. E.ON the whole time could neither confirm nor deny any rumors. Finally, it was announced last week that we are indeed being sold, but instead to PPL, a Pennsylvania-based power company. Part of the contract was that the utilities were to keep their headquarters in Louisville for 15 years. We have been told that there won't be any downsizing, which apparently would have been the case had Duke bought us. Thank God!
I found it interesting that almost exactly a year later after we left for Germany for me to work at E.ON in Germany, we find out that we are being sold! Guess all those connections in Germany aren't very useful now- ha!
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