Blackstone to Buy Pennsylvania Power Plant for About $1 Billion

Blackstone to buy Pennsylvania power plant for about $1 billion

Blackstone to pay $1B for 620-MW Pennsylvania natural gas plant

The purchase price of about $1,600 per kilowatt appears higher than other recent gas plant acquisitions, though many factors, including the plant’s technology, age and location, likely inform the terms of the deal.

Blackstone to buy Pennsylvania power plant for about $1B

Blackstone on Monday siaid it has agreed to buy a natural gas plant in Western Pennsylvania for nearly $1 billion.

Blackstone Energy to acquire Hill Top Energy Center for nearly $1bn

Private equity funds affiliated with Blackstone Energy Transition Partners have signed a definitive agreement to acquire the Hill Top Energy Center, a 620MW natural gas power plant in Western Pennsylvania, US, from private investment company Ardian for nearly $1bn.

Blackstone to Acquire Hill Top Energy Center in $1B Power Deal - USA Herald

In a blockbuster energy transaction, Blackstone will pay nearly $1 billion to acquire the Hill Top Energy Center, a massive natural gas-fired power plant in Western Pennsylvania, from French investment firm Ardian, the companies confirmed Monday. A New Engine for America’s AI Future Completed in 2021, the 620-megawatt combined cycle facility has quickly been branded a modern marvel of efficiency. Blackstone hailed it as “one of the newest and mo…

Blackstone to Buy Pennsylvania NatGas Plant for $1B

Funds of Blackstone Energy Transition Partners are acquiring Hill Top Energy Center, a 620-megawatt combined cycle gas turbine plant in Greene County.