 In 2000, Powergen, a British-based company, acquired LG&E Energy, which still operated under that name.In 2002, German-based E.ON acquired Powergen; the following year, in 2003, E.ON transferred the LG&E Energy group to its American subsidiary, E.ON US Holdings.On April 28, 2010 PPL and E.ON announced a definitive agreement in which PPL will acquire E.ON US for $7.625 billion.