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Blackstone to Invest More Than $25 Billion in Pennsylvania’s Digital and Energy Infrastructure, Plus Catalyze an Additional $60 Billion Investment
Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure and Blackstone Real Estate ("Blackstone") will invest over $25 billion to support the build out of Pennsylvania’s digital and energy infrastructure and help catalyze an additional $60 billion investment into the Commonwealth.
Blackstone Announces $25B Investment in Pennsylvania Energy, AI
Blackstone is one of several private sector players announcing commitments at the summit that will total about $90 billion. Among them is CoreWeave, an AI hyperscale company based in New Jersey, that announced a $6 billion commitment for a 100-megawatt data center in Lancaster, Pennsylvania.
Excerpts from Apollo’s David Sambur’s H2 outlook, part of PE Hub’s ongoing series of Q&A with PE thought leaders; an ...
The investment will expand the hyperscaler’s data center footprint across the largest U.S. power grid in the next two years.
Blackstone is set to announce a $25 billion investment in data centers and energy infrastructure across Pennsylvania. COO Jon Gray revealed plans for large data centers and natural gas plants during ...
It develops a skill set. There is a personal development aspect of this, in addition to it being for a good cause,' ...
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