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Blackstone Energy Transition Partners to acquire Potomac Energy Center to support data center and AI infrastructure

PUBLIC · BXJan 24, 2025

Acquiring Company

Blackstone

Acquired Company

Blackstone

New YorkNew YorkFinancial ServicesReal EstateFinanceReal Estate InvestmentFinancial ServicesReal EstateFinanceReal Estate Investment

Description

Blackstone Energy Transition Partners, an energy-focused private equity business, has agreed to acquire Potomac Energy Center, a 774-megawatt natural gas power plant in Loudoun County, Virginia. This acquisition is part of Blackstone’s commitment to investing in the electric infrastructure required to power AI innovation, particularly in the Northern Virginia region which represents a significant portion of U.S. data center capacity.

Quick answer

Blackstone is acquiring Blackstone, announced January 24, 2025. Blackstone is based in New York, New York, United States.

How much did Blackstone pay for Blackstone?
The deal value was not disclosed.
Where are Blackstone and Blackstone based?
Blackstone is based in New York, New York, United States. Blackstone is based in New York, New York, United States.
Who are the decision-makers at Blackstone?
Fundz holds 4 contacts at Blackstone. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Blackstone

Location

345 Park Avenue

New York, New York, United States

About

Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $649 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone. SOURCE Simplilearn Solutions Private Limited

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Frequently asked

Who acquired Blackstone?

Blackstone was acquired by Blackstone, based in New York. The deal was reported on January 24, 2025. Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Blackstone is publicly traded (BX) and operates in Financial Services.

When did Blackstone acquire Blackstone?

Blackstone's acquisition of Blackstone was reported on January 24, 2025. Blackstone Energy Transition Partners, an energy-focused private equity business, has agreed to acquire Potomac Energy Center, a 774-megawatt natural gas power plant in Loudoun County, Virginia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Blackstone do?

Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. It is publicly traded (BX), operating in Financial Services, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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