Blackstone Energy Transition Partners To Acquire Potomac Energy Center; Terms Of The Transaction Were Not Disclosed.

Blackstone Inc.

Blackstone Inc.

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Acquisition of Efficient, Scale Power Plant Located Within "Data Center Alley"; Well Positioned to Help Meet Growing AI and Power Demand Growth

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 Blackstone's most recent investment in the power infrastructure supporting data centers and AI revolution – one of the firm's highest-conviction areas. The Northern Virginia region currently represents approximately 25 percent of U.S. data center capacity, and the Potomac plant is located in close proximity to over 130 data centers – with significant further growth expected.

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