Friday, July 25, 2025

Blackstone to invest $25 bln in data centers and natural gas plants, COO says

(BOE Report) – Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh.

Blackstone to invest $25 bln in data centers and natural gas plants, COO says- oil and gas 360

Gray said Blackstone had identified several sites to build large data centers and would also later be announcing with a Pennsylvania utility a plan to build a number of natural gas generation plants.

(Reporting by Ryan Patrick Jones in Toronto)

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