PPL and Blackstone form joint venture to secure gas turbines for power plants serving data centers

Type: Partnership · Technology: Data Center · Country: United States · Announced: 2026-05-11

PPL Corporation and Blackstone established a joint venture to procure gas turbines for power plants designed to supply electricity to data centers. The initiative targets the growing energy demands of data center operations, particularly in regions served by the PJM Interconnection. Company officials confirmed the partnership aims to secure reliable and scalable power infrastructure to meet the operational needs of high-demand facilities. The joint venture will focus on deploying gas-fired generation assets to ensure grid stability and uninterrupted service for data center operators. No financial terms or specific turbine capacities were disclosed in the announcement.

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