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PPL Corporation updates capital investment plan to $25 billion on data center demand

Nasdaq +1 · ·by G4L

PPL
PPL PPL Corp
$35.72 +0.06%
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  1. 1PPL Corporation raised its long-term annual EPS growth target of 7% to 9% through at least 2030.
  2. 2Invictum Energy signed a contract to supply 2GW of power generation capacity for the QTS and Pennsylvania data center project.
  3. 3PPL Corporation recorded GAAP earnings per share of $0.49 in the third quarter of 2026.

So what's the key point?

The company raised its profit growth targets after signing a contract to supply electricity to data centers. Growth is expected as earnings per share reached $0.49, meeting expert expectations.

Source Nasdaq +1 · View original ↗

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