Blackstone (BX) Acquires NRStor C&I
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Blackstone Acquires Battery Energy Storage Pioneer, NRStor C&I
March 4, 2020 7:57 AM ESTNEW YORK--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that funds managed by Blackstone Energy Partners have completed the acquisition of NRStor C&I L.P. ("NRStor). NRStor is a Toronto-based developer of battery storage solutions, targeting scale storage deployment opportunities in North America. Terms of the transaction were not disclosed.
NRStor has over 200 MWh of operational, in-construction and contracted projects in the rapidly growing battery storage market. The company provides storage solutions to customers across North America through a turn-key build, own and operate business model. NRStor is a market... More
