PPL Corp

PPL: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Data Center Growth Accelerating Across PPL's Service Territories

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.

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