PPL, Blackstone JV to Build Natural Gas Plant for Data Center Support

Key Takeaways PPL and Blackstone JV will build gas-fired plants to serve data centers via long-term energy contracts. PPL sees 60 GW of data center interest in its zone, with 13 GW in advanced stages and a 6 GW supply gap ahead. It targets sites atop major shale basins with strong pipeline access and no exposure to market price swings.PPL Corporation (PPL) announced that it has formed a joint venture (“JV”) with Blackstone Infrastructure to build, own and operate new gas-fired, combined-cycle generation s ...