Financial PerformancePPL extended 6-8% EPS CAGR guidance through 2028, and noted that it anticipates delivering toward the top half of the guidance range.
Growth OpportunitiesData center demand continues to form in Pennsylvania, representing potential transmission capital investment of $600-$700Mn to PPL, which will also help to lower transmission costs for retail customers once this load ramps.
Market PositionPPL is considered a top utility idea for 2025, driven by Kentucky generation opportunities and Pennsylvania transmission potential to support new data centers.