Blackstone, Pennsylvania and the data centers
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The joint venture lacks identified customers and gas turbines, and the first power plants likely wouldn't be built until around 2031, depending on data center interest.
Private equity giant Blackstone owns over 274,000 rental homes through BREIT, a narrow slice of its real estate division. The company formed in 1985 and diversified early, creating its real estate division in 1991.
Pennsylvania electric and gas utility PPL and Blackstone Infrastructure have formed a joint venture to build natural gas generation stations to power data centers under long-term energy services agreements,
President Trump is expected to sign an executive order in coming days aimed at making private-market investments more available to retirement plans. The order could help pave the way f
Walmart slashed $289 off the price of this Blackstone 4-burner griddle in a major deal that makes it cheaper than ever to grab. At 36 inches, it'll also feed an army at once, making it ideal for summer cookouts.
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FTV Capital has invested in compliance monitoring and reporting technology platform FundApps, taking three board seats at the startup as part of the transaction.
Blackstone griddles are known for their quality and versatility, but they can be tough to find in stock and often come with a higher price point. The Grillfest griddle offers nearly the same features, surface area, and output without the premium markup. It’s perfect for anyone who wants the griddle experience without spending top dollar.
Excerpts from Apollo’s David Sambur’s H2 outlook, part of PE Hub’s ongoing series of Q&A with PE thought leaders; an interview with Ardian’s Thibault Basquin, who said, “It is an exciting time to invest in Europe”;