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Blackstone Energy Transition Partners To Acquire Potomac Energy Center: Retail Remains BullishThe Potomac Energy Center deal is Blackstone’s most recent investment in the power infrastructure supporting data centers and the AI revolution, one of the firm’s highest-conviction areas.
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 ...
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 ...
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