stockrowPPL Corporation
PPL Utilities Utilities Regulated Electric
PPL Corporation’s revenue for fiscal 2025 (year ended December 2025) was $9.0 billion, up 6.85% from fiscal 2024.
- Revenue
- +11.5%
- EPS
- +14.0%
- Free cash flow
- −112.8%
- Total debt
- +10.0%
Quarter to September 2026, against a year earlier
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PPL Corporation 10-Q filed Nov 5, 2025
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Jul 31, 2025: 44 added · 26 removed · 75 modified; 41 with only figures updated; 3 moved without change
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Modified · Joint Venture Agreement with Blackstone Infrastructure (PPL)
On July 15, 2025, at the Pennsylvania Energy and Innovation Summit, PPL and Blackstone Infrastructure announced the creation of a joint venture to build, own and operate new electricity generation stations to power data centers in Pennsylvania under long-term energy services agreements (ESAs) to address underlying resource adequacy concerns in
thePJMInterconnection. Construction of new generation stations will require the successful execution of ESAs with hyperscalers. PPL will own 51% of the joint venture interest and Blackstone Infrastructure will own 49%. The joint venture is actively engaged with hyperscalers, landowners, natural gas pipeline companies and turbine manufacturers, and has secured multiple land parcels to enable this new generation buildout; however, no ESAs with hyperscalers have been signed as ofJuly 31November 5, 2025.