PPL Corporation

10/15/2025 | Press release | Distributed by Public on 10/15/2025 11:17

Rhode Island Energy signs agreement to enhance gas capacity for customers

PROVIDENCE, R.I. (October 15, 2025) - Rhode Island Energy (RIE) has signed an agreement with Algonquin Gas Transmission, LLC (AGT) expressing the company's commitment to contract for firm pipeline natural gas capacity as part of AGT's Reliable Affordable Resilient Enhancement (AGT Enhancement).

The AGT Enhancement is expected to be in service by the winter of 2029 and will provide incremental access to domestic natural gas supplies, enabling RIE to offer natural gas customers across Rhode Island a more reliable, diverse, and affordable gas supply portfolio. The project would also allow RIE to reduce its reliance on imported liquefied natural gas by providing access to domestic sources of gas supply. RIE is proposing to contract about 30 percent of the project's capacity.

"As we look to address the issue of affordability in our state, we believe an 'all of the above' holistic approach to energy resources provides the most significant benefit to our customers," said RIE President Greg Cornett. "Increasing the availability of supply for our existing natural gas customers, and those who wish to connect to our gas delivery system, is just one of the many ways we are working to meet growing demand, improve reliability and reduce costs."

In addition, the company's contract for the AGT Enhancement capacity is a significant addition to the RIE resource portfolio and augments the company's existing contracts and assets, increasing reliability of service to natural gas customers across the state, including those on Aquidneck Island.

The significant benefits provided by the AGT Enhancement require minimal pipeline facilities or construction activity and will be achieved through targeted enhancements to the existing AGT pipeline system, rather than through the construction of a new pipeline.

RIE will continue to develop and manage a gas supply portfolio that supports safe, reliable, and affordable service, as well as choice, for its customers - adapting to changes associated with market dynamics, regulatory initiatives, and policy changes.

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About Rhode Island Energy

Rhode Island Energy provides essential energy services to over 770,000 customers across Rhode Island through the delivery of electricity and natural gas. Our team of more than 1,300 employees is dedicated to helping Rhode Island customers and communities thrive, while supporting the transition to a cleaner energy future. Rhode Island Energy is part of the PPL Corporation (NYSE: PPL) family of companies addressing energy challenges head-on by building smarter, more resilient, and more dynamic power grids and advancing sustainable energy solutions.

For more information visit www.RIEnergy.com and stay connected on Instagram , LinkedIn , Facebook , and X .

For further information: Media Contacts: Michael Dalo, 401.479.8732, [email protected] or Caroline Pretyman, 401.799.7000, [email protected]

PPL Corporation published this content on October 15, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 15, 2025 at 17:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]