DP&L Inc.

The Hills and Dales Railway Company bought Dayton's two competing electric utilities and merged them as the Dayton Power and Light Company, The transaction was valued at $4.7 billion and it enabled AES to acquire all of the outstanding shares of DPL for $3.5 billion in cash, or $30 per share. In 2018, DP&L, aiming at a restructure of the company, announced that 160 jobs (60 in Ohio and 100 in Indiana) would be cut in the second quarter of the fiscal year. DP&L would also shut down two coal plants it operated in Southern Ohio, J.M. Stuart and Killen. Later that year, DP&L announced it would invest up to $1 million to support the installation of electric vehicle charging stations within its coverage territory in Ohio. On February 24, 2021, Dayton Power & Light was rebranded as AES Ohio, although retaining its prior name for legal purposes. ==Operations within Puerto Rico==

Following the aftermath of Hurricane Maria in 2017, DP&L began taking an active role in America's recovery efforts; working alongside AES to renovate the central power grid that was damaged by the storm. ==References==