Blackstone Raises $8.7 Billion for Energy Transition Fund
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4 Articles
Blackstone Raises $8.7 Billion for Energy Transition Fund
Alternative asset manager Blackstone announced that it has raised $8.7 billion for the fifth vintage of its energy transition-focused private equity fund, hitting its hard cap one year after launching. Blackstone Energy Transition Partners (BETP) is Blackstone’s strategy for control-oriented equity investments across the entire energy transition value chain, including high-quality equipment, service and technology […]
(Teleborsa) - Blackstone has completed the final collection of Blackstone Energy Transition Partners V (BETP V), amounting to 8.7 billion dollars, exceeding by more than 50% the previous vehicle. The fund, which has...
Blackstone has announced the final closure of the Blackstone Energy Transition Partners V fund with $8.7 billion (€7,753 million), which represents a 50% increase over its predecessor vehicle. The vehicle managed to get demand "overtaken" supply and has reached its maximum catchment limit, according to reports [...] The Blackstone ticket announces the closure of its fifth energy transition fund with €7,753 million first appeared in Forbes Spain.
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