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Blackstone Leads $5.34 Billion Stake in Williams Power Plants

Deals·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Williams Cos. secured a $5.34 billion investment from a Blackstone Credit & Insurance-led group for a minority stake in five power plants the pipeline giant is building as data centers send electricity demand soaring.

This investment highlights the increasing demand for electricity driven by the growth of data centers, positioning Williams to capitalize on this trend.

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