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 ...

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 ...

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 ...

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 ...

We believe Potomac is well-positioned to help meet data center-driven power demand growth in Northern Virginia.” Lee Davis serves as CEO of Creto Energy, which is the North American power ...

Potomac Energy Center is situated in the area of northern Virginia outside of Washington D.C. which is estimated to have around a quarter of the current U.S. data center capacity. This proximity ...

A Blackstone (NYSE:BX) unit will acquire Potomac Energy Center, a 774-megawatt natural gas-fired power plant in Loudoun County in northern Virginia. The plant, located in the county that has the ...

Likewise, on January 25th, the company announced the acquisition of the Potomac Energy Center. The acquisition of the 774-megawatt natural gas power plant in Virginia positions Blackstone Inc ...

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 ...