Blackstone To Pay $1B For Natural Gas Power Plant In Data Center Alley
With a $1B power plant deal in Virginia, Blackstone continues to bet big on data centers and the infrastructure to power them.
Blackstone Affiliate Pays $1B for NoVA Natural Gas Power Plant
Blackstone Energy Transition Partners paid about $1 billion for the 774-megawatt Potomac Energy Center — a natural gas power plant just south of Leesburg, Va., at 20260 Energy Park Drive — according to Reuters, citing a source familiar with the deal. Ares Management (ARES) sold the facility, which was built in 2017.
Blackstone Buys 774 MW Virginia Gas Plant, Bets on Data Center Demand
The Northern Virginia region currently represents approximately 25 percent of U.S. data center capacity, and the Potomac plant is located in close proximity to over 130 data centers – with significant further growth expected'.
Blackstone to buy $1 billion Virginia power plant near data centers
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal symbolizing the allure to investors of power plants sited near data centers.
Blackstone to Acquire 774-MW Virginia Gas Plant in 'Data Center Alley' in Reported $1B Deal
Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Center—a natural gas power plant located in Virginia’s
Blackstone Energy Transition To Acquire 774-Megawatt Virginia Power Plant
Blackstone Energy Transition Partners, a division of Blackstone (BX), Friday announced its agreement to acquire Potomac Energy
Blackstone to Buy Power Plant, Infrastructure Supporting Data Centers and AI Demand
The private equity firm said the deal through Blackstone Energy Transition Partners represents its most recent investment in the power infrastructure supporting data centers and the artificial-intelligence boom.
Blackstone Inc. stock falls Monday, underperforms market
The stock's fall snapped a nine-day winning streak.
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Blackstone Inc (BX) Stock Price Reaches $186.74: What Factors Are Influencing This Level?
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Blackstone Buffalo Chicken Tacos
This easy dinner celebrates your favorite wing flavor in taco form. Best of all, they're ready in just 20 minutes.
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Scoop: Blackstone's IDG to sell marketing tech firm Foundry
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