Blackstone Energy Transition Partners to Acquire Potomac Energy Center
Jan 24, 2025 · Loudoun County, VA and New York, NY, January 24, 2025 – Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center (“Potomac”), a 774-megawatt natural gas power plant in Loudoun County, Virginia.
Blackstone Energy Transition Partners to Acquire Potomac Energy Center
Jan 24, 2025 · Lee Davis, CEO of Creto Energy, Blackstone Energy Transition Partners’ North America power platform, added: "I am tremendously excited about this investment. Potomac has a reputation and history ...
Blackstone to Acquire 774-MW Virginia Gas Plant in 'Data Center …
5 days ago · The Potomac Energy Center, a state-of-the-art 774-MW natural gas power plant in Loudoun County, Virginia, began operations in May 2017. Originally known as the Panda Stonewall Energy Facility, it ...
Blackstone Energy Transition Partners to Acquire Potomac Energy Center
Bilal Khan, Senior Managing Director at Blackstone Energy Transition Partners, said: “This investment underscores Blackstone’s commitment to investing in the electric infrastructure required to power AI innovation.We believe Potomac is well-positioned to help meet data center-driven power demand growth in Northern Virginia.” Mark Zhu, Managing Director at Blackstone Energy Transition ...
Blackstone to acquire 774MW Potomac Energy Center in Virginia
4 days ago · Blackstone’s energy-focused private equity business Blackstone Energy Transition Partners (Blackstone) has agreed to acquire the 774MW Potomac Energy Center, a natural gas power plant in the US. Blackstone Energy Transition Partners has invested approximately $23bn in equity globally, spanning a diverse range of energy industry sectors.
Blackstone Energy Transition Partners to Acquire Potomac Energy Center
3 days ago · Loudoun County - Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (' Blackstone ') have agreed to acquire Potomac Energy Center ('Potomac'), a 774-megawatt natural gas power plant in Loudoun County, Virginia.. The transaction represents Blackstone's most recent investment in the power infrastructure supporting data centers and AI revolution - one of the firm's ...
Blackstone Buys NatGas Plant in ‘Data Center Valley’ for $1B
6 days ago · Private equity firm Blackstone Energy Transition Partners has agreed to acquire Potomac Energy Center, a 774-megawatt natural gas plant, from Ares Management for $1 billion, according to a Jan. 24 ...
Blackstone Energy Transition Partners to Acquire Potomac Energy Center
6 days ago · Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center (“Potomac”), a 774-megawatt natural gas power ...
Blackstone Acquires $1B Power Plant Near Virginia Data Centers
6 days ago · Blackstone's energy investment unit has made a significant move in the power sector, agreeing to acquire the Potomac Energy Center in a deal that underscores the growing appeal of power plants ...
Blackstone To Buy $1B Power Plant in Virginia’s Data Center
6 days ago · Blackstone, advised by Kirkland & Ellis LLP, has agreed to purchase a natural gas power plant in Loudoun County, Virginia, for $1 billion, according to a source familiar with the transaction. The acquisition, announced Friday, includes Potomac Energy Center, a 774-megawatt facility strategically located in one of the world’s largest data center markets.