PPL Corporation and Blackstone Infrastructure create joint venture to build natural gas generation in Pennsylvania in support of data center development
Venture to serve data center power needs through long-term energy supply agreementsALLENTOWN, Pa., July 15, 2025 /PRNewswire/ -- PPL Corporation (NYSE: PPL) ("PPL") and Blackstone Infrastructure today announced that they have formed a joint venture to build, own and operate new gas-fired, combined-cycle generation stations to power data centers under long-term energy services agreements (ESA). The announcement was made at the Pennsylvania Energy and Innovation Summit hosted by Sen. David McCormick at Carneg ...