Blackstone to invest $25 billion in data centers and natural gas plants, COO says

Asset management firm Blackstone will announce on Tuesday a $25 billion investment in data centers and energy infrastructure in Pennsylvania, Chief Operating Officer Jon Gray said at a panel at the Energy and Innovation Summit in Pittsburgh.

Gray said Blackstone had identified several sites to build large data centers and would also later be announcing with a Pennsylvania utility a plan to build a number of natural gas generation plants.