PPL Unit Selected for Up to $71.5 Million DOE Grant for Pennsylvania Grid Project

MT newswire2026/09/24 16:17

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

12:17 PM EDT, 09/24/2026 (MT Newswires) -- PPL's (PPL) Electric Utilities unit said Thursday it was selected to receive up to $71.5 million in US Department of Energy funding for a transmission line modernization project in Pennsylvania. The funding, available through the department's Speed to Power through Accelerated Reconductoring and other Key Advanced Transmission Technology Upgrades program, will support the proposed Montour Grid Resilience and Advanced Reconductoring Project to rebuild about 29.3 miles of an existing 230-kilovolt transmission line with advanced technology aimed at improving reliability and increasing capacity. The project is also intended to support growing energy needs while making greater use of existing infrastructure, PPL Electric Utilities said. Price: 32.06, Change: -0.19, Percent Change: -0.59

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

At the Connect conference, Meta launched two AI game creation tools, Horizon Create and Horizon Studio, allowing users to generate complete 2D/3D games—including level design and multiplayer features—simply through text descriptions, and directly distribute them to platforms such as Facebook and Instagram. The news led to a 4.5% increase in Meta’s stock price, while gaming stocks Roblox and Unity Software saw declines of up to 4.1% and 6.9%, respectively.

华尔街见闻•2026/09/24 20:31

Hyperscale Data Executive Chairman Milton C. Ault III reports USD 55,950.52 common share purchase

Bitget•2026/09/24 20:30

Ibotta appoints Tony Weisman to board of directors

Bitget•2026/09/24 20:30