PPL Corporation and Blackstone Position Themselves to Build Power Plants for Data Centers

PPL Corporation has responded to the initiative launched by US President Donald Trump and a bipartisan group of governors calling on PJM Interconnection to hold a special auction. This procedure would aim to fund the construction of new power plants to supply data centers. Vincent Sorgi, President and Chief Executive Officer of PPL Corporation, welcomed this recognition of current generation challenges. The presidential announcement of January 16 represents, according to the executive, a clear signal of the urgent need for new dispatchable generation capacity.