Midstream Taps Private Equity to Fund Growth Projects
The North American midstream sector is entering an accelerated growth phase, with surging LNG exports and rapidly expanding power generation demand driving record multi-billion-dollar project backlogs. Midstream companies are tapping private equity to fund these growth projects.
Why it matters — The rapid growth in power generation demand could support PPL's regulated utility operations, though the item focuses on midstream activity rather than PPL specifically.