PPL and Blackstone Infrastructure form JV for gas-fired generation to power data centers

PPL Corp

Joint venture to build, own, and operate new gas-fired combined-cycle generation stations.
Generated power will serve data centers under long-term energy services agreements.
Announced July 15, 2025 at Pennsylvania Energy and Innovation Summit hosted by Sen. David McCormick.
PPL Corporation (PPL) partners with Blackstone Infrastructure on the JV.

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