Simpson Thacher is representing PPL Corporation in connection with the announced sale of PPL Solutions LLC to Hansen Technologies Limited (ASX: HSN). The transaction is subject to customary closing conditions.
Headquartered in Bethlehem, Pennsylvania, PPL Solutions provides billing, business processing outsourcing (“BPO”), call center and information technology services to competitive electric and gas suppliers and regulated utilities in the U.S.
Hansen Technologies (ASX: HSN) is a global provider of customer care & billing, and meter data management software solutions for utilities (electricity, gas and water), Pay TV and telecommunications companies.
The Simpson Thacher team includes Ed Chung, Misan Ikomi and Jennifer Poon (M&A); Gregory T. Grogan, Jeannine McSweeney and Eric Wolf (ECEB); Jacqueline Clinton and Andrew B. Purcell (Tax); and Marcela Robledo (IP).