Blackstone plans $25 billion Pennsylvania infrastructure investment
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Blackstone to Invest More Than $25 Billion in Pennsylvania’s Digital and Energy Infrastructure, Plus Catalyze an Additional $60 Billion Investment
July 15, 2025 2:26 PM EDTPennsylvania is uniquely suited to serve as a strategic hub to power America's AI future Blackstone-backed QTS, the largest independent data center operator in the world, to develop and operate new Pennsylvania data center sites Blackstone has formed a joint venture with PPL to invest in new Pennsylvania natural gas power generation facilities Over 6,000 jobs will be created or supported annually over an estimated 10-year construction timeline
NEW YORK--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that funds managed by Blackstone... More
