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Benzinga

Business

Nabaparna Bhattacharya

PPL And Blackstone Join Forces To Build Gas Plants For Data Centers

PPL Blackstone .Blackstone Inc. Pennsylvania

gas-powered energy facilities

PPL Corporation (NYSE:PPL) shares saw modest gains in early Wednesday trading following the announcement of a strategic partnership with Blackstone Inc. (NYSE:BX) to develop new gas-powered energy facilities tailored for data center operations.

The two firms unveiled a joint venture aimed at designing, constructing and operating combined-cycle natural gas plants across Pennsylvania. The facilities will deliver power to data centers under long-term energy service agreements (ESAs), offering stable returns while minimizing exposure to volatile merchant energy pricing.

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Top stories on inkl right now

Federal judge halts ICE detention centre construction at California site over environmental review

Federal judge halts ICE detention centre construction at California site over environmental review

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

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Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Questions arose about ICE's legal limits.

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Families of 9/11 victims await key ruling in New York as truther conference is held nearby

Families of 9/11 victims await key ruling in New York as truther conference is held nearby

Families say Saudi Arabia provided aid to hijackers while conspiracist conference casts doubt on official narrative

The Guardian - US

Panama Earthquake: State of Emergency Declared After 7.7 Quake, With More Than 100 Recorded Aftershocks

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Top stories on inkl right now

Federal judge halts ICE detention centre construction at California site over environmental review

Federal judge halts ICE detention centre construction at California site over environmental review

A federal judge has granted a preliminary injunction halting construction of an ICE facility near Gilroy, California. The ruling came in response to a lawsuit filed by California Attorney General Rob Bonta and Santa Clara County. They argued that construction began without an adequate environmental assessment or consultations with local…

The Times of India

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

Social media platform Meta has 48 hours to respond to claims by Brazil's leftwing candidate and incumbent President Luiz Inacio Lula da Silva's campaign accusing the tech platform of blocking content on the company's platforms. Brazil's Superior Electoral Court on Saturday gave the social media giant 48 hours to clarify…

Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Some in Florida and Alabama without power as Isaias moves north to Appalachians and Mid-Atlantic

Hurricane Isaias has left nearly 396,000 customers without power across the Florida Panhandle and southern Alabama

The Independent UK

Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Woman finds an off-duty ICE agent asleep on her lawn at 3 AM. He allegedly attacks her 72-year-old father, who fires one shot and won’t be charged

Questions arose about ICE's legal limits.

We Got This Covered

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Families of 9/11 victims await key ruling in New York as truther conference is held nearby

Families of 9/11 victims await key ruling in New York as truther conference is held nearby

Families say Saudi Arabia provided aid to hijackers while conspiracist conference casts doubt on official narrative

The Guardian - US

Panama Earthquake: State of Emergency Declared After 7.7 Quake, With More Than 100 Recorded Aftershocks

Panama Earthquake: State of Emergency Declared After 7.7 Quake, With More Than 100 Recorded Aftershocks

Panama declared a state of emergency after two powerful earthquakes struck within a day, injuring 27 people, damaging infrastructure and isolating communities with landslides and blocked roads

International Business Times UK

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Dakota Johnson Says She Grew Pubic Hair for 'Fifty Shades' Even Though the Film Added It Digitally

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As companies pour billions into Earth-based AI infrastructure, Google taking the data center race off-planet

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