Companies

Blackstone

Blackstone is a major global alternative asset management firm that has invested in Texas data center infrastructure, including acquisitions of data center portfolios and facilities in the state.

Referenced in 5 briefingsLast referenced: May 27, 2026

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May 27, 2026

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The 445 GW Queue Gets a Gate. Capital Commitment Is the New Credential.

Meanwhile, Blackstone's QTS Fayetteville facility consumed nearly 30 million gallons without payment, exceeding agreed peak limits during Georgia drought conditions.

May 21, 2026

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Dallas, Austin, West Texas Sweep the Global Top Three

Blackstone committed $5 billion to bring 500 MW of Google TPU capacity online by 2027, a neocloud-tier deployment that'll need transmission, generation, and water locked before sites get named.

May 12, 2026

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Three Deals, One Thesis: The Capital Stack Is Buying Electrons Now

Blackstone and Halliburton announced a $1 billion investment in VoltaGrid for behind-the-meter generation May 11, NVIDIA committed $2.1 billion to IREN with the Sweetwater Texas 2 GW campus at the center, and Constellation locked another 380 MW with CyrusOne in Texas on top of Calpine's prior 400 MW.

April 30, 2026

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Kiewit Books 5.4 GW for NRG as Gas Turbine Slots Vanish Through 2029

Michigan's Court of Appeals is now hearing challenges to the DTE-Oracle power agreement that anchored Related Digital's $16 billion Ann Arbor financing from Blackstone and PIMCO.

March 26, 2026

When Drones Target Power Lines, the Perimeter Is Everywhere

In Wisconsin, MISO reversed a $350 million substation award from Blackstone-backed Viridon to incumbent American Transmission Company after a $15 billion data center campus created urgency, a decision that shifts cost allocation from multistate ratepayers to Wisconsin customers alone.

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