A project near Carlisle was the 2nd largest out of 18 projects discussed at a major energy conference Tuesday attended by President Trump and Gov. Shapiro.

EQT Corp. (NYSE:EQT) said Tuesday it signed a deal to supply natural gas to power the 4.4 GW facility that will serve the Homer City Energy Campus, a planned 3,200-acre artificial intelligence and high-performance computing data center campus in Pennsylvania currently under construction and anticipated to begin producing power in 2027.

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.

The Shapiro administration is slashing red tape and has given developers the green light so Pennsylvania will move at the “speed of business” and become a global competitor in AI. Not everyone is happy about it.

Blackstone (BX) plans to spend $25B to develop data centers and power plants in Pennsylvania, according to a media report published on Tuesday.

Lawmakers want to make the commonwealth more attractive to data center developers, and are proposing incentives and new regulations to lure them.

Pennsylvania Data Center Partners, a leader in data center development within the Commonwealth, together with PowerHouse Data Centers, the fifth largest data center developer in the United States, announced plans for their first joint venture: a $15 billion project with three hyperscale data center campuses in Central Pennsylvania.

The build out of new data centers could squeeze supply on the electric grid, driving up prices. Groups are calling for new regulations to make sure "large load users" pay their fair share.