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.

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.

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,

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

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,