Blackstone Energy Transition Partners

WHAT WE DO

We provide capital to help our portfolio companies grow and improve performance. In doing so, we seek to generate lasting value for our investors.

Investment Opportunity

Meeting global carbon reduction goals will require $4.5 trillion of capital expenditures and investments per year on average from now through 2050. We believe the capital we invest enables leaders in the energy sector to facilitate the energy transition.

Experience and Scale

Our team of experienced investment professionals identify emerging energy transition trends across the globe. We have a long record of investing in energy transition and climate solutions, accelerating growth and business transformation through flexible capital.

Updates from Energy Transition Partners

One-on-One with David Foley: The State of the Energy Transition

David Foley, Global Head of Blackstone Energy Transition Partners, discusses the investment opportunity in decarbonization.

Voluntary Carbon Market: The Key Tool to the Energy Transition

Blackstone believes fair, efficient carbon markets can facilitate capital formation, drive value for investors, and finance essential projects.

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 2022 award.

Opportunity to Invest $100bn in Energy Transition in Next Decade

Juergen Pinker, Senior Managing Director in Blackstone’s Private Equity group, discusses our recent investment in Esdec and the $100bn opportunity Blackstone sees for private capital to invest in energy transition and climate change solutions.

We have a successful, long-term record of investing in energy transition and climate solutions—see some highlights from our portfolio.

Transmission Developers Inc.

The Blackstone-backed Champlain Hudson Power Express 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.

Esdec

Esdec 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.

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.

Geosyntec

Geosyntec is a premier environmental engineering firm focused on technically sophisticated front-end consulting work across remediation, geotechnical, water and infrastructure projects.

Xpansiv

Xpansiv connects buyers and sellers of environmental commodities and provides market data for voluntary carbon offsets, renewable energy credits and low-carbon fuels – critical elements of global decarbonization. With its proprietary structure and first mover advantage in voluntary carbon and renewable energy credit market infrastructure, Xpansiv is positioned to benefit from an exponentially growing market.

We’re excited about opportunities within energy transition that can generate returns for investors through driving decarbonization.”
David Foley
Global Head of Blackstone Energy Transition Partners

Note: All figures as of June 30, 2023, 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.