Acquisition of a 49% stake in Invenergy Renewables, a leading renewable energy developer

Blackstone is the world's largest alternative asset manager, serving institutional and individual investors by building strong businesses that deliver lasting value. They invest in dynamic sectors positioned for long-term growth, leveraging their scale and operational expertise to drive transformation and create value.

Invenergy is a leading privately held, global developer, owner and operator of sustainable energy solutions. They develop, finance, construct, own and operate large-scale renewable energy generation and storage facilities as well as natural gas power generation and advanced energy storage projects.