Jan 24, 2025 · 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 Energy Center, LLC is ranked #7 out of 212 power plants in Virginia in terms of total annual net electricity generation. Potomac Energy Center, LLC is comprised of 3 generators and generated 1.4 TWh during the 3-month period between July 2024 to October 2024.

Jan 24, 2025 · (Reuters) -The unit of Blackstone (BX) dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal...

Jan 27, 2025 · Blackstone Energy Transition Partners has agreed to acquire the 774MW Potomac Energy Center, a natural gas power plant in the US.

Jan 24, 2025 · 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.

Jan 24, 2025 · 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...

Jan 24, 2025 · Blackstone’s energy investment unit has agreed to purchase the Potomac Energy Center from Ares Management. First reported by Reuters, Blackstone Energy Transition Partners will acquire the 774MW natural gas plant in Loudoun County, Northern Virginia.

LOUDOUN COUNTY, Va. & NEW YORK, January 24, 2025--Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners ("Blackstone") have agreed to acquire Potomac Energy...

Nov 12, 2021 · Kirkland advised Investec Inc. as a lead arranger and sole bookrunner in connection with a $490 million refinancing for the Potomac Energy Center (f/k/a the Panda Stonewall Project), a natural gas-fired, 802 megawatt combined cycle gas turbine (CCGT) located in Loudon County, Virginia and owned by Ares Management Corp. Ares agreed to purchase ...

Jan 24, 2025 · 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 and New York, NY, January 24, 2025 – Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (“Blackstone”) have agreed to acquire Potomac Energy Center (“Potomac”), a 774-megawatt natural […]