The 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.

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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 announced Friday it reached an agreement to acquire the 774 megawatt Potomac Energy Center generating station. It didn't disclose the price, but Reuters ...

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

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 ...

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 ...

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 ...

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 ...