Invitium Energy, a joint venture between U.S. utility PPL and Blackstone Infrastructure, has secured more than 5GW (gigawatts) of combined-cycle gas turbine (CCGT) capacity for power supply to Pennsylvania data centers. The move is reported to represent up to $15 billion in potential investment.
PPL and Blackstone formed the joint venture Invitium Energy last year to build, own and operate power plants for data centers in Pennsylvania under long-term energy supply services agreements, it is reported. PPL President and CEO Vincent Sorgi said during the company’s second-quarter earnings call on August 7 that Invitium had secured sites in Pennsylvania that could support up to 14GW of new generation, and had entered into reservation agreements for more than 5GW of combined-cycle gas turbines. It is reported that PJM Interconnection, the regional grid operator, has accepted approximately 5GW of Invitium’s generating projects into its interconnection queue.