Blackstone Energy Transition Partners
We enable leading energy companies to build enterprises at scale that can deliver clean, reliable and affordable energy to help meet global needs.
what we do
Blackstone Energy Transition Partners is Blackstone’s energy-focused private equity business, a leading energy investor with a successful long-term record, having invested over ~$23 billion of equity globally across a broad range of sectors within the energy industry.
Investment Opportunity
Our investment philosophy is based on backing exceptional management teams with flexible capital to provide solutions that help energy companies grow and improve performance, thereby delivering cleaner, more reliable and affordable energy to meet the needs of the global community.
Experience and Scale
We employ a flexible investment strategy that enables us to invest across the entire energy transition value chain, including high quality equipment, service and technology providers, and large-scale infrastructure projects that contribute to decarbonization
PORTFOLIO HIGHLIGHTS
Power Grid Components
Power Grid Components (“PGC”) is a premier U.S. designer and manufacturer of critical components for protection, monitoring and safety applications at electrical substations. PGC’s products enable the efficient and safe operation of an essential segment of the electrical grid responsible for managing and monitoring power flows and voltage conversion.
Transmission Developers (TDI)
The Blackstone-backed Champlain Hudson Power Express project will transport clean, renewable power from Quebec to New York City for up to 20% of the city’s total daily power consumption. We believe this innovative project will generate value through job creation, reduced emissions and more affordable energy over the long term.
Enstall
Enstall (formerly known as Esdec Solar Group) is a leading Netherlands-based supplier of solar mounting systems—the equipment securing solar panels in place—that are mission-critical to increasing global access to residential solar power.
Geosyntec
Geosyntec is a premier environmental engineering firm focused on technically sophisticated front-end consulting work across remediation, geotechnical, water and infrastructure projects.
Legence
Legence is an Energy Transition Accelerator® that advises buildings and facilities on how to lower costs and increase performance by implementing renewable energy alternatives.
Westwood
Westwood provides engineering and design solutions that support the energy transition, power grid investments and public and private infrastructure across the United States.
Trystar
Trystar helps promote on-site power resilience at data centers and other key markets by providing the electrical equipment used in backup power solutions.
SEVES
Seves is the parent company of Sediver – the world’s leading manufacturer of the toughened glass insulators that enable electric transmission grids. SEDIVER’s products help modernize the electrical grid in developed economies and power the new build-out of grid systems in emerging markets.
Energy Exemplar
Energy Exemplar supports grid reliability with a software platform that allows decision-makers to accurately model electric, gas and water energy markets – a critical function as these markets grow increasingly complex amid the global energy transition.
News & Insights
Highlights from Bloomberg New Energy Finance Summit
David Foley, Global Head of Blackstone Energy Transition Partners, discusses our partnership with Legence CEO Jeff Sprau and TDI Chairman Brian Kubeck.
PE Hub: LP Demand for Energy Transition Growing
Juergen Pinker, Senior Managing Director, shared his outlook for investing in the energy transition in the second half of 2024 – and how the scale of capital needed in the space is informing Blackstone’s approach.
Blackstone Wins Energy Private Equity Firm of the Year
We are proud to have been recognized for Private Equity International’s Energy Private Equity Firm of the Year 2023 award.
“We’re excited about opportunities within energy transition that can generate returns for investors through driving decarbonization.”
Note: All figures as of September 30, 2024, unless otherwise indicated.
Certain of the information contained in this piece has been obtained from portfolio companies and/or sources outside Blackstone, and could prove to be incomplete or inaccurate and is current only as of any specific date(s) noted therein. Blackstone makes no representations as to the accuracy or completeness of such information contained in this piece and neither Blackstone nor any of its affiliates takes any responsibility for, and has not independently verified, any such information. Unless otherwise stated, references to ESG initiatives, priorities or practices at portfolio companies are not intended to indicate that Blackstone has materially contributed to such actions and such initiatives, priorities, or practices are subject to change, even materially, over time. This content is provided for informational purposes only and there is no guarantee that Blackstone will invest in similar opportunities in the future.
ESG initiatives may not apply to some or all of a fund’s investments and none are binding aspects of the management of the assets of a fund. There can be no assurance that ESG initiatives will continue or be successful. While Blackstone believes ESG factors can enhance long-term value, Blackstone does not pursue an ESG-based investment strategy or limit its investments to those that meet specific ESG criteria except with respect to products or strategies that are explicitly designated as doing so in their offering documents or other applicable governing documents. Such ESG factors do not qualify Blackstone’s objectives to seek to maximize risk adjusted returns. A decision to invest should take into account the objectives and characteristics of the relevant fund as set out in more detail in the applicable offering documents. Further information can be found at www.blackstone.com/european-overview.