Blackstone Inc. has launched a new renewable-energy lending strategy as part of the private equity firm’s commitment to invest $100 billion in green projects over the next decade. The firm has established the Sustainable Resources Credit Platform to focus on lending to companies that are expanding solar usage to the residential sector, providing renewable electricity […]
Blackstone to invest $3 bln in Invenergy Renewables – EQ Mag Pro
Blackstone’s commitment is one of the largest renewable investments in North American history Investment will provide significant capital to drive an accelerated build-out of Invenergy’s clean energy platform Since 2019, Blackstone has committed nearly $13 billion in investments that Blackstone believes are consistent with the broader energy transition CDPQ and Invenergy management remain majority owners […]
Blackstone to invest $3 billion in Invenergy Renewables Holdings – EQ Mag Pro
Blackstone Inc (BX.N) said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy company in North America. The world’s largest manager of alternative assets such as private equity and real estate has been seeking to bolster its sustainability credentials as investors increasingly question companies on their […]
Array Technologies, Inc. Announces $500 Million Capital Commitment from Blackstone
ALBUQUERQUE : Array Technologies, Inc. (Nasdaq: ARRY), one of the world’s largest manufacturers of utility-scale solar technology, today announced that it had entered into an agreement to sell up to $500 million of perpetual preferred stock to private equity funds managed by Blackstone Energy Partners (“Blackstone”). Under the terms of the agreement, Array will sell […]
Blackstone acquires Prestige’s office, retail assets for $1.5 billion & RE Plants Powering Them: Report
Blackstone will reportedly control 100 percent of the portfolio for Prestige Group’s completed and under construction projects decided for the acquisition. American investment management company Blackstone has acquired the commercial portfolio of realty developer Prestige Group including offices, retail malls and hotel assets for $1.5 billion, The Economic Times reported, citing three sources. The deal […]
Fisterra Energy announces investment intention in NewGen’s Hydrogen Project in Trinidad
Fisterra Energy SLU announces a partnership with Kenesjay Green Limited (KGL) to pursue a potential development of KGL’s first major hydrogen project, NewGen. The project is expected to produce carbon neutral and green hydrogen as feedstock for the Trinidad Nitrogen Company’s (Tringen) ammonia complex, which is co-owned by Yara Trinidad and is located at the […]
Blackstone commits US$250m to new distributed energy investments
Investment firm Blackstone has formed a new portfolio company that will finance and own distributed energy assets focused on commercial, industrial and institutional customers. GSO Capital Partners, Blackstone’s credit investment platform, will initially commit US$250 million to fund ClearGen, which will offer capital alongside companies that develop and operate distributed infrastructure such as renewable energy […]
Hawaiian Electric Reveals Full List of Winners From Its Big Energy Storage Procurement
The winners range from energy storage stalwarts to relative newcomers to the large-scale battery business. Hawaiian Electric this week revealed the full list of winners from its second large-scale procurement of energy storage and renewables for the islands of Oahu, Maui and Hawaii. The winners run the gamut from major industry players like AES and Engie to […]
Embassy Office Parks REIT raises Rs 3,000 cr via debentures
Embassy Office Parks REIT, India’s first listed real estate investment trust, has raised Rs 3,000 crore through private placement of debentures mainly to repay debt. Embassy Office Parks, a joint venture between global investment firm Blackstone and realty firm Embassy Group, is a leading developer of commercial real estate. It launched the country’s first real […]
