PPL Corporation (NYSE:PPL) isone of the high growth utility stocks to buy according to analysts. On April 30, PPL Corporation (NYSE:PPL) subsidiaries Louisville Gas and Electric Company and Kentucky Utilities entered into a strategic partnership with X-energy Inc. (NASDAQ:XE).
The companies are joining forces to explore the potential deployment of X-energy’s Xe-100 small modular reactor to generate nuclear energy. The push comes amid growing demand for long-term, reliable, clean energy.
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