Earnings GrowthPPL extended 6-8% EPS CAGR guidance through 2028, and noted that it anticipates delivering toward the top half of the guidance range.
Investment 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 PositionDespite trading at a modest 2% premium to peers, PPL is believed to have a best-in-class profile across various metrics, indicating potential for outperformance.