Blackstone Acquires Gas-Fired Plant in Pennsylvania in $1-Billion Deal
by Darrell Proctor from POWER Magazine on (#702XF)
Blackstone, the world's largest alternative asset manager, said its energy-focused private equity business has a deal to buy the 620-MW natural gas-fired Hill Top Energy Center in Pennsylvania. The agreement announced September 15 will see Blackstone Energy Transition Partners acquire the power station from Ardian, a global private investment firm. Blackstone officials said the purchase [...]
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