Private company
Who owns Invitium Energy, LLC
One company in the researched set discloses a stake in Invitium Energy, LLC, none of it sized by anyone who discloses it. Invitium Energy, LLC is private, so no 13F reports it: a 13F covers exchange listed positions only. These figures exist because each holder disclosed the stake in its own filings.
Invitium Energy, LLC - Profile
- Type
- joint venture
- Based in
- United States
- Founded
- 2025
Invitium Energy, LLC is the joint venture formed by the Pennsylvania utility holding company PPL Corporation and Blackstone Infrastructure to develop, build, own and operate new power generation in Pennsylvania dedicated to data centres. Announced at the Pennsylvania Energy and Innovation Summit in July 2025, it plans front of the meter combined cycle natural gas stations sited above the Marcellus and Utica shale basins, selling their output to individual data centre customers under long term energy supply services agreements rather than to utility ratepayers, with battery storage as an earlier stage option. PPL contributes utility development and operating capability while Blackstone Infrastructure supplies capital. By August 2026 the venture had assembled land able to host 8 to 14 gigawatts of generation, reserved more than 5 gigawatts of combined cycle gas turbines, and had about 5 gigawatts of interconnection requests accepted by PJM, but had not started construction pending signed customer agreements.
Source
Invitium Energy, LLC files nothing with the SEC, so none of this comes from a filer record. The description was written for this site in August 2026 from PPL Corporation and Blackstone Infrastructure create joint venture to build natural gas generation in Pennsylvania in support of data center development (PPL), PPL Corporation Delivers Solid Second-Quarter 2026 Earnings (PPL) and PPL-Blackstone joint venture secures 5 GW of gas turbines for data centers in Pennsylvania (Utility Dive). The ownership figures below come from the holders' filings instead, and are sourced row by row.
The disclosed stakes
One row per position. Where a holder reports the same company in two share classes, both rows are shown rather than summed, because the class is part of a position's identity.
Where each figure comes from
A private stake has no ownership form behind it, so the source is always the holder's own filing or disclosure. Anything modelled says so, with the arithmetic.
- PPL Corporation. PPL's Q2 2026 10-Q states plainly: 'PPL owns 51% of Invitium and Blackstone Infrastructure owns 49%.' No capital contribution, balance-sheet carrying value, or investment amount is disclosed anywhere in the 10-Q, the accompanying Q2 2026 earnings press release (Ex-99.1 to the 8-K filed 2026-08-07), or the FY2025 10-K (which predates the JV entirely: it is not mentioned there or in Exhibit 21). The earnings release states PPL's business plan does not include any earnings contributions or capital investments related to Invitium through at least 2029, that Invitium will not begin construction or make material financial commitments until ESSAs (energy supply services agreements) are signed, and that no ESSAs had been signed as of the 10-Q filing date. The release separately estimates $10bn-$12bn of total PPL investment upside through 2032 tied to Kentucky regulated generation plus PPL's Invitium interest, and $12.5bn-$15.0bn of potential investment at the JOINT-VENTURE level (not PPL's share) tied to 5 GW of already-reserved gas turbine capacity; these are opportunity-size figures, not a value of PPL's equity stake, so they are not entered as value_usd. sourcesource 2
What this page is not
It is not a complete register. It lists the holders who happen to be inside the researched set and disclosed the stake themselves. A private company can have many other shareholders, and nothing here rules them out: venture investors, founders and employees usually appear in no public filing at all. Percentages are of Invitium Energy, LLC where a holder stated one, and are missing where no holder did.