natural gas

Blackstone, the world’s largest alternative asset manager, said its energy-focused private equity business has a deal to buy the 620-MW natural gas-fired Hill Top Energy Center in Pennsylvania. The agreement announced September 15 will see Blackstone Energy Transition Partners acquire the power station from Ardian, a global private investment firm. Blackstone officials said the purchase […]

Mitsubishi Heavy Industries (MHI) is prepared to double its production capacity for gas turbines within the next two years as demand for the technology continues to increase. Eisaku Ito, the company’s CEO, on August 29 said turbine orders are growing rapidly as demand for equipment rises, in part due to the need for more power […]

An energy infrastructure company said it’s moving forward with the GW Ranch project, an off-grid complex in Texas that will combine natural gas-fired generation and battery energy storage to provide nearly 7 GW of power in Pecos County. The campus, sited on more than 8,000 acres, is designed “to support hyperscale data centers and the […]

Regulators in North Dakota have given their approval for a 1,490-MW natural gas-fired power plant, a combined-cycle station that Basin Electric Power Cooperative officials said would provide the area with its first new baseload electric output in more than four decades. South Dakota utility commissioners, meanwhile, are set to consider an application for a smaller, […]

PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation plants in Pennsylvania specifically designed to serve data center loads through long-term energy service agreements (ESAs). The partnership, unveiled at the Pennsylvania Energy and Innovation Summit in Pittsburgh on July 15, represents a strategic […]

Kansas regulators have given Evergy the go-ahead to raise the utility’s rates to help finance construction of two new natural gas-fired power plants, along with a utility-scale solar power project, in the state.

County commissioners in North Dakota have signed off on a rezoning request from a local energy provider, a move that means a large coal-fired power plant could be used to supply electricity to a new industrial park.

GE Vernova said the first of three blocks of a major natural gas-fired power plant in Taiwan is now online. The company on July 7 said the first 1.3-GW unit of the Hsinta power station is operating, part of the facility’s transition from burning coal to using natural gas.

A utility that serves customers in Missouri announced it plans to build an 800-MW natural gas-fired power plant, along with the company’s first large-scale battery energy storage facility, at a site near St. Louis.

The advent of President Trump’s second term has heralded significant changes for the U.S. energy industry, and savvy private equity investors are adapting. Six months down the road, the reprioritization of investment opportunities by such savvy private equity investors has delineated some clear—and familiar—near-term winners. Two of the top five private equity investment trends in […]