BUZZ-PPL rises after Kentucky unit announces first data center customer

Reuters

2025/01/17

** 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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