PPL Corporation and Blackstone have agreed to a joint venture to build data centers and the generation plants needed to power them in Pennsylvania, which could bring thousands of new jobs to the

Blackstone Infrastructure has announced a $25 billion investment towards developing digital and energy infrastructure in Pennsylvania. Blackstone Infrastructure and PPL Corporation also announced a partnership to build natural gas generation stations to power data centers in the commonwealth.

PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation

PPL Corp. (NYSE:PPL) is the "biggest winner" from this week's Pennsylvania Energy and Innovation Summit, with its joint venture with Blackstone Infrastructure to build gas-fired power plants to serve data centers in Pennsylvania and across the PJM Interconnection,

Blackstone plans to invest $25 billion in developing data centers and power plants in Pennsylvania, President and Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh on Tuesday.

The summit was held July 15 at Carnegie Mellon University and featured top executives in energy and AI, global investors, among others.

Blackstone (BX) plans to spend $25B to develop data centers and power plants in Pennsylvania, according to a media report published on Tuesday.

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 services agreements,

Blackstone (BX) reported a 23% price increase over the last quarter, influenced by its impressive investment initiative aimed at Pennsylvania's digital and energy infrastructure. This $25 billion investment signifies a strong commitment to advancing infrastructure growth,