PPL Corp. (PPL), Tuesday announced a statement in response to President Trump and a bipartisan group of governors call on PJM Interconnection for new power auction.
The announcement states the importance of new, dispatchable generation, underscoring the company's decision to be part of the solution.
The company said that it has created a joint venture with Blackstone Infrastructure to build, own and operate new generation to serve data centers to mitigate rising electricity prices.
Also, the company has supported legislation that's been proposed in Pennsylvania to facilitate construction of new, dispatchable generation in the Commonwealth.
Moving ahead, PPL intends to engage with a wide range of stakeholders to address energy challenges and ensure a safe, reliable and affordable energy future.
In the pre-market hours, PPL is trading at $36.64, down 0.53 percent on the New York Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.