Blackstone (BX) to Acquire Potomac Energy Center

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Blackstone Energy Transition Partners to Acquire Potomac Energy Center

January 24, 2025 9:01 AM EST

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--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that Blackstone Energy Transition Partners (Blackstone) have agreed to acquire Potomac Energy Center (Potomac), a 774-megawatt natural gas power plant in Loudoun County, Virginia.

The transaction represents Blackstones most recent investment in the power infrastructure supporting data centers and AI revolution one of the firms highest-conviction areas. The Northern Virginia region currently represents... More