PPL rises after Kentucky unit announces first data center customer
16/01/2025 18:26
** Shares of utility company PPL Corp PPL.N rise 2.5% to $32.91
** Company's Kentucky-based unit Louisville Gas and Electric Company announces its first
hyperscale data center customer
** Joint venture between real-estate developer firms PowerHouse Data Centers and Poe
Companies is developing a 400-megawatt data center campus to be located in Louisville
** First 130 megawatts to be made available in October 2026
** Stock was down 21.1% in 2024
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com))
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