NYSE:PPLElectric Utilities
What PPL (PPL)'s Data Center Power Push with Blackstone and PJM Auction Support Means For Shareholders
PPL Corporation President and CEO Vincent Sorgi recently backed calls from President Trump and a bipartisan group of governors for PJM Interconnection to hold a special auction to fund new power generation serving data centers, while also highlighting PPL’s new joint venture with Blackstone Infrastructure to build, own and operate these facilities under long-term energy services agreements.
By also supporting proposed Pennsylvania legislation that would again permit regulated utilities to...