GSO Capital Partners’ funds are being used by Blackstone to form a new portfolio company that will finance and own distributed and sustainable energy infrastructure assets focused on commercial, industrial and institutional customers.
The new company, ClearGen, will initially receive a $250 million commitment from $138 billion GSO and expects to expand as the capital is deployed. The entity was co-founded by former power company executive George Plattenburg, who is ClearGen’s CEO. He previously held management roles at Duke Energy, Indianapolis Power & Light, Servidyne, Prenova, Burton Energy Group and Expedient Communications.
Assisting . . .
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