PPL transfers land, with more to come, supporting Susquehanna Riverlands initiative
PPL Holtwood, part of Allentown-based PPL Corp.'s generation business, has transferred about 300 acres adjacent to Pinnacle Overlook to the Lancaster County Conservancy that supports the Susquehanna Riverlands initiative along the lower Susquehanna River.
The Federal Energy Regulatory Commission previously granted PPL Holtwood’s request to transfer up to 1,260 acres to the conservancy, and it plans to transfer additional land that includes the overlook property itself in the coming year, a news release stated.
Money from the state Department of Conservation and Natural Resources, counties and private donors is being used to buy the land, and PPL Holtwood is donating proceeds to an endowment fund for managing the greenway, according to the release.
The Holtwood hydroelectric facility has been undergoing a roughly $440 million expansion to more than double capacity.