On September 8, 2009, PPL Energy Supply, LLC ("PPL Energy Supply") entered into a $400 million amended and restated 364-Day Credit Agreement with Wachovia Bank, National Association, as Administrative Agent and the other Lenders party thereto from time to time (the "Credit Agreement"). The Credit Agreement replaces the $385 million 364-day facility entered into by PPL Energy Supply in September 2008.

The Credit Agreement allows for borrowings at market-based rates plus a spread, which is based upon PPL Energy Supply's senior unsecured long-term debt rating. In addition, PPL Energy Supply may request the Issuing Lender under the Credit Agreement to issue letters of credit, which issuances reduce available borrowing capacity. PPL Energy Supply expects that this credit facility will primarily be used both as a commercial paper backstop and for issuing letters of credit to satisfy collateral requirements of PPL Energy Supply's affiliates. PPL Energy Supply will pay customary commitment and letter of credit issuance fees under the Credit Agreement.

The Credit Agreement contains a financial covenant requiring PPL Energy Supply's debt to total capitalization to not exceed 65% (as calculated pursuant to the Credit Agreement), and various other covenants that are standard for similar credit agreements. Failure to meet the covenants beyond applicable grace periods and certain other events, including the occurrence of a Change of Control (as defined in the Credit Agreement), could result in acceleration of due dates of any borrowings, cash collateralization of outstanding letters of credit and/or termination of the Credit Agreement. The Credit Agreement also contains certain standard representations and warranties that must be made and certain other conditions that must be met for PPL Energy Supply to borrow or to cause the Issuing Lender to issue letters of credit.

(d) Exhibits

           10(a) -  $400 million Amended and Restated Credit Agreement, dated
                    as of September 8, 2009, among PPL Energy Supply and the
                    banks named therein.