BX News

Blackstone Announces Agreement to Acquire Hill Top Energy Center in Western Pennsylvania for Nearly $1 Billion

BX

(NYSE:BX) NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone Energy Transition Partners (collectively, “Blackstone Energy Transition Partners”) have entered into a definitive agreement to acquire Hill Top Energy Center (“Hill Top”), a 620-megawatt natural gas power plant in Western Pennsylvania for nearly $1 billion, from Ardian, a global private investment firm. This transaction follows Blackstone’s recent July 2025 announcement that it

September 15, 2025Mergers
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Trinity Investments and Certares Announce Sale of EAST Miami to Blackstone Real Estate

BX

(NYSE:BX) MIAMI--(BUSINESS WIRE)--Funds managed by Trinity and funds managed by Certares announce the sale of EAST Miami to funds affiliated with Blackstone Real Estate.

September 10, 2025Mergers
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Fifth Annual CoreGiving Day Mobilizes 3,500+ Volunteers to Combat Hunger

BX

(NYSE:BX) CHICAGO--(BUSINESS WIRE)--CoreGiving, a nonprofit organization founded to fight childhood hunger, will host its fifth annual CoreGiving Day on Thursday, October 9, 2025. This year’s event is expected to bring together more than 3,500 volunteers from Blackstone and 26 of its portfolio companies to support hunger-relief organizations in more than 90 cities across North America, Europe and Asia-Pacific. For the second year, and in support of Blackstone’s 2025 Global Fight Hunger campaign, the Blac

September 9, 2025Charity
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Blackstone Strategic Partners Closes Largest Infrastructure Secondaries Fund Ever Raised at $5.5 Billion

BX

(NYSE:BX) NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced the final close on $5.5 billion for its latest infrastructure secondaries fund, Strategic Partners Infrastructure IV L.P., and its related committed program vehicles. SP Infrastructure IV is the world’s largest dedicated infrastructure secondaries fund raised to-date. Verdun Perry, Senior Managing Director and Global Head of Strategic Partners, said: “This fundraise reflects the breadth of our platform, the power of the Blackstone Strate

September 2, 2025Fundraising
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Blackstone to Present at the Barclays Global Financial Services Conference

BX

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) announced today that Michael Chae, Vice Chairman and Chief Financial Officer, is scheduled to present at the Barclays Global Financial Services Conference on Tuesday, September 9, 2025 at 11:15 am ET. A live webcast of the presentation will be available on the Shareholders section of Blackstone’s website at http://ir.blackstone.com. For those unable to listen to the live webcast, a replay will be available on Blackstone’s website shortly after the

Blackstone Announces Agreement to Acquire Shermco for Approximately $1.6 Billion

BX

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Shermco, a leading provider of full life-cycle electrical equipment services, from Gryphon Investors, a leading middle-market private investment firm. The transaction values the business at approximately $1.6 billion. Founded in 1974, Shermco is one of the largest electrical testing organizations accredited by th

August 21, 2025Mergers
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Blackstone Credit & Insurance and Aligned Data Centers Expand Financing Partnership, Surpassing $1 Billion in Commitments

BX

NEW YORK & DALLAS--(BUSINESS WIRE)--Blackstone Credit & Insurance (“BXCI”) and Aligned Data Centers, a leading technology infrastructure company offering innovative, sustainable and adaptive Scale Data Centers and Build-to-Scale solutions for global hyperscale, AI/HPC, and enterprise customers, today announced the successful upsize of their existing senior secured credit facility to fund Aligned’s continued growth and accelerate its portfolio strategy. The upsize brings BXCI commitments to

August 21, 2025Finance
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Blackstone Announces Agreement to Acquire Enverus

BX

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Enverus, a premier data analytics energy intelligence platform, from Hellman & Friedman and Genstar Capital. Enverus was founded in 1999 and is a comprehensive data analytics platform empowering its customers’ capital allocation and asset optimization decisions across the entire energy ecosystem. Today, it is

August 6, 2025Mergers
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Blackstone Tactical Opportunities Hires Joseph Cassanelli as Senior Managing Director Focused on Financial Services Sector Investments

BX

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that Joseph Cassanelli, former Co-Head of Lazard’s U.S. Financial Institutions Group, has joined Blackstone Tactical Opportunities (“Tac Opps”) as a Senior Managing Director. Mr. Cassanelli will be based in New York and serve as an investment professional within Tac Opps focused on the financial services sector. Chris James, Global Head of Tac Opps, said: “Joe’s deep expertise and relationships in the financial services sector mak

June 16, 2025Hires
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If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

BX

June 9, 2025
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$100 Invested In This Stock 10 Years Ago Would Be Worth This Much Today

BX

June 2, 2025
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Why Is Diagnostic Firm Hologic Stock Trading Higher On Tuesday?

BX

Hologic declined a $16 billion buyout bid from TPG and Blackstone as it faces falling shares and tariff-related headwinds, leaving room for deal talks to potentially resume.

May 27, 2025
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'TPG and Blackstone offered $16B to take health group Hologic private' - Financial Times

BX

May 27, 2025
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Blackstone Enters Buy Zone Ahead Of 2026 Breakout

BX

Blackstone is entering a zone where long-term investors can begin positioning, but the full upside potential may not reveal itself until late 2026.

May 27, 2025
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Blackstone Stock: A Deep Dive Into Analyst Perspectives (15 Ratings)

BX

May 23, 2025
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Wells Fargo Maintains Equal-Weight on Blackstone, Raises Price Target to $153

BX

May 23, 2025
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What the Options Market Tells Us About Blackstone

BX

May 21, 2025
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'Blackstone Seeks $5.6B to Back Other Private Equity Firms'- Bloomberg

BX

May 13, 2025
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'Blackstone Is in Talks For New Mexico Utility Owner TXNM' - Bloomberg News

BX

May 12, 2025
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Microsoft, Blackstone, Leidos And A Big US Bank: CNBC's 'Final Trades'

BX

Bill Baruch, President of Blue Line Capital, said Microsoft Corporation has been the dog of the Nasdaq and it is going to start outperforming.

May 9, 2025
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Here's How Much You Would Have Made Owning Blackstone Stock In The Last 15 Years

BX

May 8, 2025
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10 Financials Stocks Whale Activity In Today's Session

BX

May 8, 2025
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CNBC Halftime Report Final Trades: Microsoft Corporation, Leidos Holdings, Blackstone, JP Morgan Chase & Co

BX

May 8, 2025
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Meta, Delta Air Lines, TJX And A Financial Stock On CNBC's 'Final Trades'

BX

Meta Platforms, Blackstone, Delta Air Lines and TJX are all in focus on today's edition of CNBC's "Final Trades."

May 5, 2025
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CNBC Halftime Report Final Trades: Blackstone, Delta Air Lines, TJX Companies, Meta Platforms

BX

May 2, 2025
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Live On CNBC, Rob Sechan Announces Bought Blackstone

BX

May 2, 2025
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If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today

BX

May 2, 2025
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JMP Securities Reiterates Market Outperform on Blackstone, Maintains $165 Price Target

BX

April 24, 2025
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UBS Maintains Buy on Blackstone, Lowers Price Target to $175

BX

April 22, 2025
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Keefe, Bruyette & Woods Maintains Market Perform on Blackstone, Lowers Price Target to $139

BX

April 22, 2025
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Barclays Maintains Equal-Weight on Blackstone, Raises Price Target to $136

BX

April 21, 2025
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Fairer Trade Or Economic Trainwreck? El‑Erian Breaks Down The Administration's Two Futures

BX

Economist Mohamed El‑Erian warns that President Donald Trump's trade and tariff regime has set us up for one of two extremes.

April 21, 2025
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DHL Says It's Suspending Global Shipments To US Valued More Than $800 As Customs Updates Cause Multi-Day Transit Delays (CORRECTED)

BX

DHL has temporarily suspended U.S.-bound consumer shipments over $800 due to new customs rules causing major delays.

April 21, 2025
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Cathie Wood Says She's Trusting Trump Will Get Call On Tariffs Right: 'Investors Shorting The Equity Market Now Will Be Caught Flat Footed Or Worse'

BX

American investor Cathie Wood hinted at her support for President Donald Trump's trade and economic playbook by sharing an insightful article on the destructive impact of tariffs, written by renowned supply-side economist and creator of the "Laffer Curve" Dr. Arthur B. Laffer.

April 18, 2025
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Blackstone President Warns Of Recession Risk Tied To Trump's Tariffs

BX

Blackstone, Inc. (NYSE:BX) president Jonathan Gray cautioned on Thursday that ongoing uncertainty around President Donald Trump's tariff policies heightens the risk of a recession.

April 17, 2025
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Blackstone Beats Q1 Estimates, AUM Climbs to $1.17 Trillion, Inflows Hit 3-Year High

BX

Blackstone (BX) reports strong Q1 results, with revenues of $2.763B (+8% Y/Y) and DE of $1.41B (+11% Y/Y). AUM rises to $1.17T, with inflows of $61.6B. BX also declares a dividend and has $9.8B in cash.

April 17, 2025
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Blackstone Q1 2025 Distributable EPS $1.09 Beats $1.06 Estimate, Total Segment Revenues $2.763B Beat $2.689B Estimate

BX

April 17, 2025
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Morgan Stanley Maintains Overweight on Blackstone, Lowers Price Target to $150

BX

April 14, 2025
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Blackstone: Core+ Funds Affiliated With Blackstone Real Estate To Acquire 95% Stake In 6M SF Industrial Portfolio Developed By Crow Holdings For $718M; Deal To Close In Q2 2025

BX

April 10, 2025
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TD Cowen Maintains Buy on Blackstone, Lowers Price Target to $147

BX

April 9, 2025
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Wells Fargo Maintains Equal-Weight on Blackstone, Lowers Price Target to $139

BX

April 8, 2025
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Citigroup Maintains Neutral on Blackstone, Lowers Price Target to $137

BX

April 8, 2025
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JMP Securities Upgrades Blackstone to Market Outperform, Announces $165 Price Target

BX

April 8, 2025
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Piper Sandler Maintains Neutral on Blackstone, Lowers Price Target to $140

BX

April 8, 2025
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Barclays Maintains Equal-Weight on Blackstone, Lowers Price Target to $129

BX

April 7, 2025
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