From Reuters, July 15:
Blackstone and US utility PPL to build gas power plants in JV partnership
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, the companies said on Tuesday.
"We're excited to leverage the powerful expertise that PPL and Blackstone Infrastructure possess to bring much-needed new dispatchable generation online in Pennsylvania to match new data center load," said PPL President and CEO Vincent Sorgi in a statement....
....MUCH MORE
PPL will own 51% of the j.v.
