Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh.

Blackstone Infrastructure has announced a $25 billion investment towards developing digital and energy infrastructure in Pennsylvania. Blackstone Infrastructure and PPL Corporation also announced a partnership to build natural gas generation stations to power data centers in the commonwealth.

PPL Corporation and Blackstone have agreed to a joint venture to build data centers and the generation plants needed to power them in Pennsylvania, which could bring thousands of new jobs to the