Blackstone invests $3bn in clean energy platform Invenergy

Blackstone Infrastructure Partners, a unit of $731 billion Blackstone (), is expanding its renewables portfolio in North America with a commitment totaling $3 billion in Invenergy’s clean energy platform.

Blackstone, which has invested $13 billion in renewables since 2019, agreed with Caisse de dépôt et placement du Québec (CDPQ) and Invenergy to invest in Invenergy Renewables Holdings, the largest renewable energy company in North America.

The deal sees Blackstone providing capital to accelerate Invenergy’s renewables development activities as CDPQ and Invenergy continue to be majority owners of the company.

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Back to top button

Start Your Days in the Know


Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!