Invenergy has announced that funds managed by Blackstone Infrastructure Partners (Blackstone) have completed an approximately $1 billion equity investment in Invenergy Renewables Holdings.
This investment builds on Blackstone’s nearly $3 billion investment in Invenergy in 2021 and 2022. Invenergy will leverage this additional investment to support the continued growth of the company in the USA and around the world, as well as its portfolio of projects including solar and land-based wind farms, energy storage facilities, offshore wind projects, high-voltage direct current interregional transmission lines, and clean hydrogen initiatives, amongst others. Invenergy’s ownership includes Blackstone, CDPQ and Invenergy management. Invenergy management will continue as managing member of the company with day-to-day responsibility for execution of the business.
