Blackstone Energy Transition Partners Announces $1.2 Billion Investment to Build First-ever Natural Gas Power Generation Facility in West Virginia
Core Viewpoint - Blackstone has announced a significant investment of $1.2 billion to develop a 600-megawatt combined-cycle gas turbine power generation facility in West Virginia, marking a strategic move in the energy transition sector [1]. Investment Details - The investment is aimed at building Wolf Summit Energy, which will be a fully contracted facility [1]. - The project received a Final Investment Decision (FID) last week, enabling financing to proceed [1].