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What is Blackstone's Latest Strategic Move in Energy Transition

5 months ago

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Blackstone Energy Transition Partners Announces Agreement to Acquire Dresser Utility Solutions from First Reserve

Blackstone Energy Transition Partners agreed to acquire Dresser Utility Solutions from First Reserve. The deal marks the first investment from Blackstone's latest private equity energy transition vehi...

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A Green Energy Revival Is Under Way. Nextpower Is Leading the Charge.

Nextpower is entering the energy storage market, marking a strategic expansion into the green energy sector. This move signals a shift in the company's business model as it seeks to capitalize on the ...

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Blackstone bets $5 billion on Google's secret AI chip to rival Nvidia

Blackstone is committing $5 billion in equity to a new US-based AI cloud venture with Google. The partnership aims to deploy 500 megawatts of data center capacity by 2027, utilizing Google's proprieta...

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Is BP Cleaning House to Stay Independent or Setting Itself Up to Be Bought?

BP is reportedly weighing a sale of all or part of its U.K. offshore wind business to streamline operations. This potential divestment follows recent strategic shifts aimed at refocusing the company's...