Jan 24, 2025 · Loudoun County, VA and New York, NY, January 24, 2025 – Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center (“Potomac”), a 774-megawatt natural gas power plant in Loudoun County, Virginia.

Jan 24, 2025 · Lee Davis, CEO of Creto Energy, Blackstone Energy Transition Partners’ North America power platform, added: "I am tremendously excited about this investment. Potomac has a reputation and history ...

Bilal Khan, Senior Managing Director at Blackstone Energy Transition Partners, said: “This investment underscores Blackstone’s commitment to investing in the electric infrastructure required to power AI innovation.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 ...

5 days ago · The Potomac Energy Center, a state-of-the-art 774-MW natural gas power plant in Loudoun County, Virginia, began operations in May 2017. Originally known as the Panda Stonewall Energy Facility, it ...

4 days ago · Blackstone’s energy-focused private equity business Blackstone Energy Transition Partners (Blackstone) has agreed to acquire the 774MW Potomac Energy Center, a natural gas power plant in the US. Blackstone Energy Transition Partners has invested approximately $23bn in equity globally, spanning a diverse range of energy industry sectors.

Jan 24, 2025 · The Potomac Energy Center has been under the ownership of investment firm, Ares Management, since 2021. The planned acquisition highlights investors’ interest in power plants close to data centres, and its location is a significant attraction. Blackstone Energy Transition Partners senior managing director Bilal Khan stated: “This ...

3 days ago · Blackstone Inc., through Blackstone Energy Transition Partners, has signed an agreement to acquire the Potomac Energy Center, a 774-megawatt (MW) natural gas power plant in Loudoun County ...

3 days ago · Loudoun County - Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (' Blackstone ') have agreed to acquire Potomac Energy Center ('Potomac'), a 774-megawatt natural gas power plant in Loudoun County, Virginia.. The transaction represents Blackstone's most recent investment in the power infrastructure supporting data centers and AI revolution - one of the firm's ...

4 days ago · Blackstone Energy Transition Partners announced Friday it reached an agreement to acquire the 774 megawatt Potomac Energy Center generating station. It didn't disclose the price, but Reuters ...

Jan 23, 2025 · Blackstone Energy Transition Partners has agreed to buy the 774-megawatt natural gas-fired power plant in Loudoun County in northern Virginia, according to a statement. ... Potomac Energy Center ...