Blackstone Investing $1.2 Billion for 600-MW Gas-Fired Plant in West Virginia

Global investment group and asset manager Blackstone said it will support construction of a 600-MW combined-cycle natural gas-fired power plant in West Virginia. The Wolf Summit Energy facility, which will feature GE Vernova equipment, is affiliated with Old Dominion Electric Cooperative (ODEC), a Virginia-based co-op that serves about 1.5 million customers through its 11 member owners. Blackstone, headquartered in New York City, is considered the largest investor in data centers and infrastructure for art ...