Blackstone, Potomac Energy Center and Virginia

Blackstone Buys 774 MW Virginia Gas Plant, Bets on Data Center Demand
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 further growth expected'.
Blackstone acquires natural gas plant in Virginia’s data center alley
Surging electricity growth is providing more opportunities for investors, especially in natural gas-fired generation.
Blackstone to Acquire 774-MW Virginia Gas Plant in 'Data Center Alley' in Reported $1B Deal
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 to Acquire Virginia Power Plant to Support AI Growth
Blackstone Energy Transition Partners ( BX, Financials) announced its agreement to acquire the Potomac Energy Center, a 774-megawatt natural gas power plant in Loudoun County, Virginia, as part of its strategy to enhance infrastructure for data centers and artificial intelligence.
Blackstone to buy $1 billion Virginia power plant near data centers
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 investors of power plants sited near data centers.
Blackstone Energy to buy $1bn gas-fired power plant in Virginia
Blackstone Energy Transition Partners has agreed to acquire the 774MW Potomac Energy Center in Loudoun County, Virginia, as reported by Reuters. The Potomac Energy Center, a natural gas-fired power plant built in 2017,
Blackstone Makes Another Massive Big Tech Investment With $300 Million Buy In Of AI Data Company
Private equity giant Blackstone has been making aggressive moves in the AI sector for several years and that trend will ...
The Wall Street Journal on MSN18d
Blackstone to Make $300 Million Investment in AI Data Company
DDN attracts a $300 million infusion from the private-equity firm.
Computer Weekly11d
DDN seeks AI leadership as it bags $300m investment
DDN aims to take high-performance computing expertise and become a leader in storage for artificial intelligence. It builds ...
Fueling AI And Data: Blackstone's Latest Power Play Targets Virginia's Energy-Hungry Tech Hub
Blackstone has acquired the 774-megawatt Potomac Energy Center in Loudoun County, Virginia. This strategic move strengthens ...
Business Wire18d
Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth
NEW YORK--(BUSINESS WIRE)--DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by Blackstone Tactical ...