PPL Corp
PPL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ZRQ | LOCK|D<wL | LOCK|Qxx?Rk |
Additional Transmission and Distribution Opportunities for PPL to Serve Data Centers
Business Strategy and Outlook
We expect PPL to invest $25 billion in its utilities through 2029, supporting 10% consolidated rate base growth. These regulated utility growth opportunities support our expectations for 7% average annual earnings growth, in line with management's 6%-8% earnings growth target.
