PPL (NYSE:PPL) said Thursday its joint venture with Blackstone to build natural gas generation stations to power data centers ...

PPL Corp's joint-venture with Blackstone to build power plants for Big Tech data centers has secured land and is in discussions with potential customers, gas pipeline companies and turbine ...

PPL owns 51% of the joint venture interest, and Blackstone Infrastructure owns 49%. The parties will ratably share joint venture expenses and distributions.

ALLENTOWN, 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 ...

PPL ( ($PPL) ) has issued an announcement. On July 31, 2025, PPL Corporation announced its second-quarter 2025 earnings, ...

PPL will hold a 51% stake in the joint venture, and Blackstone Infrastructure will own 49%. Both parties aim to share expenses and distributions proportionally.

(Reuters) -Pennsylvania electric and gas utility PPL and Blackstone Infrastructure have formed a joint venture to build natural gas generation stations to power data centers under long-term energy ...

PPL closed at $35.36, up 1.71%, and is trading slightly higher after hours at $35.40, an increase of 0.13% on the NYSE.

PPL and Blackstone partner to build gas plants powering data centers in Pennsylvania, targeting surging energy demand and AI-driven growth.

PPL owns 51% of the joint venture interest, with Blackstone Infrastructure owning 49%. The parties will ratably share joint venture expenses and distributions.