Blackstone Energy Transition Partners to Acquire Potomac Energy Center
Blackstone (NYSE: BX) has announced the acquisition of Potomac Energy Center, a 774-megawatt natural gas power plant in Loudoun County, Virginia. The facility is strategically located within 'Data Center Alley,' near over 130 data centers in Northern Virginia, which represents approximately 25% of U.S. data center capacity.
The acquisition aligns with Blackstone's focus on power infrastructure supporting data centers and AI revolution. Potomac is one of the region's most efficient gas power plants and has potential for future hydrogen fuel blend integration. The plant will help meet growing power demands in the Northern Virginia region, particularly driven by data centers.
This investment adds to Blackstone's portfolio as the world's largest data center provider, complementing their recent investments in CoreWeave and DDN. Financial terms of the transaction were not disclosed.
Blackstone (NYSE: BX) ha annunciato l'acquisizione del Potomac Energy Center, una centrale elettrica a gas naturale da 774 megawatt situata nella contea di Loudoun, Virginia. L'impianto è strategicamentelocalizzato nella 'Data Center Alley', vicino a oltre 130 data center nella Virginia del Nord, che rappresentano circa il 25% della capacità dei data center negli Stati Uniti.
L'acquisizione è in linea con l'interesse di Blackstone per le infrastrutture energetiche a supporto dei data center e della rivoluzione dell'IA. Potomac è una delle centrali elettriche a gas più efficienti della regione e ha un potenziale per l'integrazione futura di miscele di combustibile a idrogeno. L'impianto aiuterà a soddisfare la crescente domanda di energia nella regione della Virginia del Nord, particolarmente innescata dai data center.
Questo investimento aggiunge valore al portafoglio di Blackstone come il più grande fornitore di data center al mondo, completando i loro recenti investimenti in CoreWeave e DDN. I termini finanziari della transazione non sono stati resi noti.
Blackstone (NYSE: BX) ha anunciado la adquisición del Potomac Energy Center, una planta de energía a gas natural de 774 megavatios situada en el condado de Loudoun, Virginia. La instalación está estratégicamente ubicada en la 'Data Center Alley', cerca de más de 130 centros de datos en Virginia del Norte, que representan aproximadamente el 25% de la capacidad de centros de datos en EE.UU.
La adquisición está alineada con el enfoque de Blackstone en la infraestructura energética que respalda los centros de datos y la revolución de la IA. Potomac es una de las plantas de energía a gas más eficientes de la región y tiene potencial para la futura integración de mezclas de combustible de hidrógeno. La planta ayudará a satisfacer la creciente demanda de energía en la región de Virginia del Norte, impulsada especialmente por los centros de datos.
Esta inversión se suma al portafolio de Blackstone como el mayor proveedor de centros de datos del mundo, complementando sus recientes inversiones en CoreWeave y DDN. No se divulgaron los términos financieros de la transacción.
블랙스톤 (NYSE: BX)은 버지니아주 로우던 카운티에 위치한 774메가와트 규모의 천연가스 발전소인 포토맥 에너지 센터의 인수를 발표했습니다. 이 시설은 130개 이상의 데이터 센터와 가까운 '데이터 센터 앨리'에 전략적으로 위치하고 있으며, 이는 미국 데이터 센터 용량의 약 25%를 차지합니다.
이 인수는 데이터 센터 및 AI 혁명 지원을 위한 전력 인프라에 대한 블랙스톤의 집중과 일치합니다. 포토맥은 지역에서 가장 효율적인 가스 발전소 중 하나이며, 미래의 수소 연료 혼합 통합 가능성이 있습니다. 이 발전소는 특히 데이터 센터에 의해 촉발된 북부 버지니아 지역의 증가하는 전력 수요를 충족하는 데 도움을 줄 것입니다.
이 투자는 세계 최대의 데이터 센터 공급업체로서 블랙스톤의 포트폴리오에 추가되며, CoreWeave 및 DDN에 대한 최근 투자와 보완적입니다. 거래의 재무 조건은 공개되지 않았습니다.
Blackstone (NYSE: BX) a annoncé l'acquisition du Potomac Energy Center, une centrale électrique à gaz naturel de 774 mégawatts située dans le comté de Loudoun, en Virginie. L'installation est stratégiquement située dans la 'Data Center Alley', à proximité de plus de 130 centres de données dans le nord de la Virginie, représentant environ 25 % de la capacité des centres de données aux États-Unis.
L'acquisition s'aligne sur l'objectif de Blackstone concernant l'infrastructure énergétique soutenant les centres de données et la révolution de l'IA. Potomac est l'une des centrales à gaz les plus efficaces de la région et a un potentiel d'intégration future de mélanges de carburant à hydrogène. La centrale aidera à répondre à la demande croissante en électricité dans la région de la Virginie du Nord, particulièrement alimentée par les centres de données.
Ce investissement ajoute à portefeuille de Blackstone en tant que plus grand fournisseur de centres de données au monde, complétant leurs récents investissements dans CoreWeave et DDN. Les termes financiers de la transaction n'ont pas été divulgués.
Blackstone (NYSE: BX) hat die Übernahme des Potomac Energy Centers, eines 774-Megawatt-Gaskraftwerks im Loudoun County, Virginia, angekündigt. Die Anlage befindet sich strategisch günstig in der 'Data Center Alley', in der Nähe von über 130 Datenzentren in Nord-Virginia, die etwa 25 % der US-Datenzentrumskapazität ausmachen.
Die Übernahme steht im Einklang mit Blackstones Fokus auf die Energieinfrastruktur zur Unterstützung von Datenzentren und der KI-Revolution. Potomac ist eines der effizientesten Gaskraftwerke der Region und hat Potenzial für die zukünftige Integration von Wasserstoffbrennstoffmischungen. Das Kraftwerk wird helfen, die wachsende Energienachfrage in der Region Nord-Virginia zu decken, insbesondere die durch die Datenzentren vorangetrieben wird.
Diese Investition erweitert Blackstones Portfolio als den weltweit größten Anbieter von Datenzentren und ergänzt deren jüngste Investitionen in CoreWeave und DDN. Die finanziellen Konditionen der Transaktion wurden nicht bekannt gegeben.
- Strategic acquisition in high-demand area with 25% of U.S. data center capacity
- Plant located near 130+ data centers with significant growth potential
- Facility capable of future hydrogen fuel blend integration
- Strengthens Blackstone's position in data center and AI infrastructure
- None.
Insights
This strategic acquisition marks a significant vertical integration play in Blackstone's data center and AI infrastructure portfolio. The 774-megawatt Potomac Energy Center provides important baseload power capacity in Northern Virginia's Data Center Alley, where Blackstone already maintains substantial data center operations.
The investment's strategic value is multifaceted: First, it secures reliable power supply for the region's data centers, particularly critical as AI workloads drive unprecedented power demands. Second, it positions Blackstone to potentially capture value across the entire data center value chain - from power generation to data center operations.
The plant's future hydrogen fuel blend capability represents a forward-thinking approach to environmental considerations, potentially offering:
- Reduced carbon footprint for power-hungry AI operations
- Competitive advantage in securing ESG-conscious hyperscale clients
- Alignment with potential future regulatory requirements
This acquisition, combined with Blackstone's existing investments in CoreWeave and DDN, creates a powerful ecosystem play in the AI infrastructure space. By controlling both power generation and data center operations, Blackstone can potentially optimize costs, ensure supply reliability and maintain competitive advantages in the rapidly growing AI computing market.
The Northern Virginia market's significance cannot be overstated, representing 25% of U.S. data center capacity. With AI driving exponential growth in computing demands, securing power infrastructure in this critical market positions Blackstone to capitalize on both immediate needs and future expansion opportunities.
Acquisition of Efficient, Scale Power Plant Located Within “Data Center Alley”; Well Positioned to Help Meet Growing AI and Power Demand Growth
The transaction represents Blackstone’s most recent investment in the power infrastructure supporting data centers and AI revolution – one of the firm’s highest-conviction areas. The
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 Partners, added: “We are particularly excited about this investment given the opportunity to supply reliable, baseload power to the region. Potomac is one of the most efficient gas power plants in the region and has the potential to integrate a hydrogen fuel blend in the future, which could provide future environmental benefits.”
Lee Davis, CEO of Creto Energy, Blackstone Energy Transition Partners’
Terms of the transaction were not disclosed. Santander and Jefferies LLC served as M&A advisors to
About
Blackstone Energy Transition Partners
Blackstone Energy Transition Partners is
View source version on businesswire.com: https://www.businesswire.com/news/home/20250124607218/en/
Media
Matt Anderson (Matthew.Anderson@Blackstone.com)
OR
Ellie Gottdenker (Ellie.Gottdenker@Blackstone.com)
Source:
FAQ
What is the capacity of the Potomac Energy Center acquired by Blackstone (BX)?
Where is the Potomac Energy Center located and why is it significant?
What are the environmental features planned for the Potomac Energy Center under BX ownership?
How does the Potomac acquisition fit into Blackstone's (BX) investment strategy?
What percentage of U.S. data center capacity is in the Northern Virginia region where BX's new acquisition is located?
