Blackstone to invest $25 billion in data centers and natural gas plants, COO says

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Synopsis

Gray said Blackstone had identified several sites to build large data centers and would also later be announcing with a Pennsylvania utility a plan to build a number of natural gas generation plants.

Image for Blackstone to invest $25 billion in data centers and natural gas plants, COO saysReuters
Jon Gray, President and COO of Blackstone. REUTERS/Brendan McDermid/File Photo
Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh.

Gray said Blackstone…



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Blackstone to invest $25 billion in data centers and natural gas plants, COO says


Synopsis

Gray said Blackstone had identified several sites to build large data centers and would also later be announcing with a Pennsylvania utility a plan to build a number of natural gas generation plants.

Image for Blackstone to invest $25 billion in data centers and natural gas plants, COO saysReuters
Jon Gray, President and COO of Blackstone. REUTERS/Brendan McDermid/File Photo
Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh.

Gray said Blackstone…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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