Financial PerformanceStrong Q4/24 results with a record $1,254M adj. EBITDA, well above consensus $1,128M.
Growth ProspectsPPL unveiled a suite of potential new organic-growth projects not yet in valuation, including gas power for a data center, straddle plant, and de-ethanizer.
Market ReactionWith the ~11% EBITDA beat and rising tide on new potential growth announcements, particularly on the Alberta data center project front, a modest positive market reaction is expected.