Blackstone Energy to acquire Hill Top Energy Center for nearly $1bn
Private equity funds affiliated with Blackstone Energy Transition Partners have signed a definitive agreement to acquire the Hill Top Energy Center, a 620MW natural gas power plant in Western Pennsylvania, US, from private investment company Ardian for nearly $1bn. Completed in 2021 and located in Greene County, Hill Top is claimed to be one of the most efficient combined cycle gas turbine plants in the US. It will continue to meet growing power needs linked to data centre development and other use cases ...