--- title: "PPL forms joint venture with Blackstone Infrastructure to build generation for PJM data center demand" type: "News" locale: "en" url: "https://longbridge.com/en/news/293657406.md" description: "PPL has formed a joint venture with Blackstone Infrastructure to build, own, and operate new power generation capacity in Pennsylvania's PJM region. The initiative aims to meet growing data center demand while supporting grid reliability, fostering regional economic development, and improving the supply-demand balance to mitigate upward pressure on wholesale electricity prices." datetime: "2026-07-23T19:13:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293657406.md) - [en](https://longbridge.com/en/news/293657406.md) - [zh-HK](https://longbridge.com/zh-HK/news/293657406.md) generator: "portal-rs" --- # PPL forms joint venture with Blackstone Infrastructure to build generation for PJM data center demand - PPL entered a joint venture with Blackstone Infrastructure to build, own, operate new generation serving data center demand in PJM, focused on Pennsylvania. \* Initiative targets reliability support, regional economic development, improved supply-demand balance to ease upward pressure on wholesale power prices over time. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PPL Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607231512PR\_NEWS\_USPR\_\_\_\_\_PH11379) on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [PPL.US](https://longbridge.com/en/quote/PPL.US.md) - [BX.US](https://longbridge.com/en/quote/BX.US.md) - [PPLC.US](https://longbridge.com/en/quote/PPLC.US.md) ## Related News & Research - [Kentucky regulators approve LG&E, KU rehearing items, lifting annual revenues by about $7 million](https://longbridge.com/en/news/296104644.md) - [PPL: Q2 2026 earnings and guidance reaffirmed, with strong growth and major investment opportunities ahead](https://longbridge.com/en/news/295248329.md) - [Trybit Expands Crypto Payment Infrastructure to Address Three Key Merchant Challenges](https://longbridge.com/en/news/296110811.md) - [Pennsylvania Dangles Permitting Carrot For Data Centers That Bring Their Own Power](https://longbridge.com/en/news/296563340.md) - [How Hong Kong infrastructure, AI firms are tapping Malaysia’s growth prospects](https://longbridge.com/en/news/296165689.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**