# Who are PPL Corporation's customers? Who does PPL Corporation earn revenue from?
Canonical: https://valuechain.wiki/ppl · Facet: customers · Updated: 2026-09-24T04:38:44.536477+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: PPL Corporation discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 2 dated sources, 1 of them primary filings (as of 2026-09-24).

### Blackstone (high)  → /blackstone.md
- metric: Market share 49% · ownership as of FY2025 filing · Blackstone Infrastructure ownership stake in the PPL generation joint venture
- note: PPL formed a joint venture with Blackstone Infrastructure to build, own and operate generation for Pennsylvania data centers. PPL owns 51% and Blackstone Infrastructure owns 49%.
- [confirms] Utility Dive (EN, news, published 2026-08-10) https://www.utilitydive.com/news/ppl-blackstone-joint-venture-secures-5-gw-of-gas-turbines-for-data-centers/827408/: "PPL and Blackstone formed Invitium to build, own and run power plants for data centers."
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-02-20) https://www.sec.gov/Archives/edgar/data/922224/000092222426000008/ppl-20251231.htm: "PPL owns 51% and Blackstone Infrastructure owns 49%."
- [confirms] Simply Wall St (KO, analysis, published 2025-10-12) https://simplywall.st/ko/stocks/us/utilities/nyse-ppl/ppl/news/979b7e98dac6d373/amp: "PPL announced a joint venture with Blackstone Infrastructure for Pennsylvania combined-cycle generation."

### PJM 인터커넥션 (high)
- note: PPL Electric recognizes transmission revenue under the PJM Open Access Transmission Tariff. PJM remits payment for these transmission services weekly.
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-02-20) https://www.sec.gov/Archives/edgar/data/922224/000092222426000008/ppl-20251231.htm: "PJM remits payment on a weekly basis."

### PowerHouse Data Centers·Poe Companies 합작 (mid)
- metric: capacity 335 MW · initial campus capacity · Initial electric capacity secured from LG&E for the PowerHouse-Poe data-center campus
- note: PPL subsidiary LG&E identified this joint venture's Louisville hyperscale campus as its first major data-center electric customer. The campus secured 335 MW of initial capacity with near-term expansion planned to 402 MW.
- [confirms] LG&E and KU (EN, ir, published 2025-01-16) https://lge-ku.com/newsroom/press-releases/2025/01/16/lge-announces-first-major-data-center-electric-customer: "PowerHouse and Poe have secured access to an initial power capacity of 335 megawatts."

Reverse side: https://valuechain.wiki/ppl/suppliers.md · Ripple: https://valuechain.wiki/ppl/ripple.md

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Full node: https://valuechain.wiki/ppl.md · JSON: https://valuechain.wiki/ppl.json