Shares of Blackstone Inc (BX) were in the spotlight on Friday after the company announced that Blackstone Energy Transition Partners have agreed to acquire Potomac Energy Center, a 774-megawatt ...

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

We recently compiled a list of the 10 AI News Updates Investors Should Not Miss. In this article, we are going to take a look ...

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 ...

announced that Blackstone Energy Transition Partners have agreed to acquire Potomac Energy Center, a 774-megawatt natural gas power plant in Loudoun County, Virginia. The transaction represents ...

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 ...

Blackstone Energy Transition Partners have agreed to acquire a natural-gas plant in Virginia’s “Data Center Alley,” the ...

Potomac Energy Center is situated in the area of northern Virginia outside of Washington D.C. which is estimated to have around a quarter of the current U.S. data center capacity. This proximity ...

He noted that Potomac Energy Center is ideally positioned to meet the growing power demands from data centers in Northern Virginia. “We are particularly excited about this investment given the ...

LOUDOUN COUNTY, Va. & NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center ...

Acquisition of Efficient, Scale Power Plant Located Within "Data Center Alley"; Well Positioned to Help Meet Growing AI and Power Demand Growth LOUDOUN COUNTY, Va. & NEW YORK, January 24, 2025 ...

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 Partners, added ...