Blackstone Completes 694 MW Power Plant Construction
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy BX?
Source: Businesswire
- Project Launch: Blackstone's Energy Transition Partners has completed the construction of the 694 MW Magnolia Power Generating Station in Louisiana, marking the start of commercial operations and expected to provide electricity for over 500,000 homes annually, addressing rising power demands.
- Job Creation: The construction of the plant created over 400 local jobs, significantly contributing to the local economy and providing stable employment opportunities for the community, reflecting Blackstone's positive impact on regional development.
- Technological Innovation: Magnolia Power is the first hydrogen-capable advanced-class generator plant in the MISO South region, showcasing Blackstone's strategic foresight in promoting clean energy transitions and aligning with global energy transformation trends.
- Strategic Investment: Blackstone has invested approximately 2 gigawatts of power generation capacity over the past year, reinforcing its leadership position in meeting the growing energy demands in the U.S. and further solidifying its market share in the energy sector.
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Analyst Views on BX
Wall Street analysts forecast BX stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 118.220
Low
166.00
Averages
176.60
High
205.00
Current: 118.220
Low
166.00
Averages
176.60
High
205.00
About BX
Blackstone Inc. is an alternative asset manager. Its asset management includes global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds. Its Real Estate segment comprises its management of opportunistic real estate funds, Core+ real estate funds, and real estate debt strategies. Its Private Equity segment includes its management of flagship Corporate Private Equity funds, sector and geographically focused Corporate Private Equity funds, core private equity funds, an investment platform, and others. Its Credit & Insurance segment consists of Blackstone Credit & Insurance, which is organized into three overarching strategies: private corporate credit, liquid corporate credit and infrastructure and asset-based credit. Its Multi-Asset Investing segment is organized into four investment platforms: Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Blackstone Completes Construction of Louisiana Power Plant
- Project Completion: Blackstone announced the completion of the 694-megawatt Magnolia Power Generating Station in Plaquemine, Louisiana, which began construction in 2022 and created over 400 local construction jobs, significantly boosting the local economy.
- Electricity Supply Capacity: The Magnolia Power Station is expected to provide electricity for over 500,000 homes annually, becoming the first hydrogen-capable advanced generator plant in the Midcontinent Independent System Operator South, addressing the increasing power demand.
- Strategic Investment Significance: Through this project, Blackstone Energy Transition Partners demonstrates its leadership in meeting U.S. energy demands, further solidifying its investment portfolio in power generation, having invested approximately 2 gigawatts of generation capacity over the past year.
- Support for Economic Growth: This project not only provides more reliable and affordable electricity to Louisiana but also reflects the U.S. government's efforts to enhance energy infrastructure, contributing to economic growth and job creation.
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- Historical Comparison: In contrast to two prior $500 million five-year deals priced at around 175 basis points over Treasuries in February and October 2025, the new debt's spread is 50 basis points higher, suggesting the fund is paying more to attract investors.
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Blackstone Completes 694 MW Power Plant Construction
- Project Launch: Blackstone's Energy Transition Partners has completed the construction of the 694 MW Magnolia Power Generating Station in Louisiana, marking the start of commercial operations and expected to provide electricity for over 500,000 homes annually, addressing rising power demands.
- Job Creation: The construction of the plant created over 400 local jobs, significantly contributing to the local economy and providing stable employment opportunities for the community, reflecting Blackstone's positive impact on regional development.
- Technological Innovation: Magnolia Power is the first hydrogen-capable advanced-class generator plant in the MISO South region, showcasing Blackstone's strategic foresight in promoting clean energy transitions and aligning with global energy transformation trends.
- Strategic Investment: Blackstone has invested approximately 2 gigawatts of power generation capacity over the past year, reinforcing its leadership position in meeting the growing energy demands in the U.S. and further solidifying its market share in the energy sector.
See More
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Blackstone Completes Construction of Louisiana Power Plant
- Project Completion: Blackstone announced the completion of the 694-megawatt Magnolia Power Generating Station in Plaquemine, Louisiana, which began construction in 2022 and created over 400 local construction jobs, significantly boosting the local economy.
- Electricity Supply Capacity: The Magnolia Power Station is expected to provide electricity for over 500,000 homes annually, becoming the first hydrogen-capable advanced generator plant in the Midcontinent Independent System Operator South, addressing the increasing power demand.
- Strategic Investment Significance: Through this project, Blackstone Energy Transition Partners demonstrates its leadership in meeting U.S. energy demands, further solidifying its investment portfolio in power generation, having invested approximately 2 gigawatts of generation capacity over the past year.
- Support for Economic Growth: This project not only provides more reliable and affordable electricity to Louisiana but also reflects the U.S. government's efforts to enhance energy infrastructure, contributing to economic growth and job creation.
See More
Blackstone Secured Lending Fund Issues New Debt
- Widening Spread on New Debt: Blackstone Secured Lending Fund is marketing a new 2029 note at an initial price talk of approximately 225 basis points over Treasuries, marking the widest spread since its debut bond in 2021, indicating weakening demand in the market.
- Historical Comparison: In contrast to two prior $500 million five-year deals priced at around 175 basis points over Treasuries in February and October 2025, the new debt's spread is 50 basis points higher, suggesting the fund is paying more to attract investors.
- Loan Write-Down Impact: Brad Marshall, the global head of private credit strategies, noted that the firm has marked down a loan to Medallia to approximately 78 cents on the dollar from 87 cents last June, reflecting growing concerns about cash flows in software companies.
- Deteriorating Market Sentiment: The offering comes amid a broader deterioration in sentiment towards private credit's exposure to software companies, with heightened concerns leading to challenges in the $1.8 trillion private credit industry, as evidenced by a 2.60% drop in Blackstone Secured Lending Fund shares during intraday trading.
See More
Blackstone Completes 694 MW Power Plant Construction
- Project Launch: Blackstone's Energy Transition Partners has completed the construction of the 694 MW Magnolia Power Generating Station in Louisiana, marking the start of commercial operations and expected to provide electricity for over 500,000 homes annually, addressing rising power demands.
- Job Creation: The construction of the plant created over 400 local jobs, significantly contributing to the local economy and providing stable employment opportunities for the community, reflecting Blackstone's positive impact on regional development.
- Technological Innovation: Magnolia Power is the first hydrogen-capable advanced-class generator plant in the MISO South region, showcasing Blackstone's strategic foresight in promoting clean energy transitions and aligning with global energy transformation trends.
- Strategic Investment: Blackstone has invested approximately 2 gigawatts of power generation capacity over the past year, reinforcing its leadership position in meeting the growing energy demands in the U.S. and further solidifying its market share in the energy sector.
See More
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- Total Lease Commitments: By the end of 2025, tech giants are projected to have accumulated $969 billion in future lease commitments, which are not classified as current liabilities and could significantly impact financial statements.
- Pressure from Unrecorded Liabilities: Moody's report highlights that the unrecorded $662 billion in obligations represents approximately 113% of the combined adjusted debt of the five hyperscalers, putting pressure on traditional accounting metrics.
- Changes in Lease Terms: Due to the shorter lifespan of AI hardware, hyperscalers are opting for shorter initial lease terms with renewal options, contrasting sharply with the traditional 10-15 year lease periods.
- Accounting Transparency Issues: Allegations suggest that some companies are overstating the useful life of their AI hardware to delay expenses and avoid impacting current earnings, raising concerns about financial transparency for investors.
See More
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- Conflict of Interest Concerns: Democratic senators have raised alarms regarding Commerce Secretary Howard Lutnick's involvement with critical minerals startup USA Rare Earth, suggesting potential financial benefits for his family members, and are demanding more information to ensure federal investments are free from conflicts of interest.
- Funding Support Plan: The Commerce Department issued a letter of intent last month to provide USA Rare Earth with $1.6 billion to support the expansion of its rare earth mining and magnet manufacturing business, contingent upon the company securing at least $500 million in private funding.
- Financing Structure Analysis: USA Rare Earth selected Cantor Fitzgerald as the
See More
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- M&A Activity Rebound: Global M&A deal value surged to $4.9 trillion in 2025, marking a 40% increase and the second-highest level since 2021, reflecting strong market demand and confidence in large transactions.
- Funding Squeeze Impact: Despite strong appetite for deals, the proportion of capital allocated to M&A hit a 30-year low in 2025, forcing companies to be more selective in their transaction choices to ensure clear returns on investment.
- AI-Driven Transactions: Over 73% of the increase in deal value came from mega-deals valued at over $5 billion, highlighting the significant impact of AI-related demand on the M&A market, with expectations for continued large transactions in 2026.
- Private Equity Dominance: Private equity accounts for approximately 40% of global M&A activity, as firms actively seek investment opportunities amid changing capital markets, driving increased transaction activity.
See More
