A settlement between Jessup and the Lackawanna Energy Center has the borough dropping its appeal of the power plant’s air quality permit and the facility partly funding infrastructure improvements in ...

Potomac Energy Center is one of the most efficient gas power plants in the United States and has the potential to integrate a hydrogen fuel blend in the future.

Top US officials said a military helicopter was on a regular training mission when it collided with a civilian airliner over ...

Chinese artificial intelligence company DeepSeek is threatening to bring to an end the Wall Street artificial ...

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 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 ...

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 ...

Terms of the deal were not disclosed, but Reuters reported the sale price for the Potomac Energy Center at around $1 billion. The seller is Los Angeles-based investment firm Ares Management Corp ...

Latham & Watkins LLP advised Ares Management in the sale of Potomac Energy Center to Blackstone, with experts across multiple legal areas contributing to the deal.

With a $1B power plant deal in Virginia, Blackstone continues to bet big on data centers and the infrastructure to power them.