Blackstone Infrastructure to Acquire TXNM Energy for $11.5 Billion

Blackstone Infrastructure to Invest Up to €2 Billion in Eurowind Energy

April 29, 2026

Renewable Energy

Blackstone Infrastructure has entered into a definitive agreement to invest up to €2 billion in Eurowind Energy, a pan-European renewables developer and independent power producer headquartered in Hobro, Denmark. The investment is expected to accelerate Eurowind’s development activities across onshore wind, solar, battery storage, and biogas, with an expected closing before the end of 2026, subject to customary conditions.

Blackstone Energy Transition Partners to Acquire Arlington Industries

January 29, 2026

Industrial Services

Blackstone Energy Transition Partners (via funds managed by Blackstone) has entered into a definitive agreement to acquire Arlington Industries, a U.S. designer and manufacturer of electrical products. The deal is expected to close in the first quarter of 2026, subject to customary conditions, as part of Blackstone’s electrification and energy transition investment themes.

Enterprise Products Partners Acquires Piñon Midstream

August 21, 2024

Infrastructure

Enterprise Products Partners L.P. (through an affiliate) entered into a definitive agreement to acquire Piñon Midstream, LLC from Black Bay Energy Capital for $950 million in a debt-free cash transaction. Enterprise later announced the acquisition was completed. Piñon Midstream provides natural gas gathering and treating services in the Delaware Basin’s eastern flank in New Mexico and Texas, including sour gas treatment and CO2 permanent sequestration-related infrastructure.

Kinder Morgan Acquires NextEra Energy Partners' South Texas Assets (STX Midstream)

December 28, 2023

Oil & Gas

Kinder Morgan closed its previously announced $1.815 billion acquisition of NextEra Energy Partners' South Texas assets (STX Midstream), acquiring majority interests in multiple natural gas pipelines including a 90% interest in the NET Mexico pipeline and a 50% interest in Dos Caminos LLC. The assets expand Kinder Morgan's South Texas footprint and provide greater connectivity to LNG, Mexico export and Gulf Coast power and industrial markets.

Blackstone to Acquire QTS Realty Trust in ~$10 Billion All-Cash Transaction

June 7, 2021

Infrastructure

QTS Realty Trust and Blackstone announced they entered into a definitive agreement under which Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc., and other perpetual capital vehicles managed by Blackstone will acquire all outstanding shares of QTS for $78.00 per share in an all-cash transaction valued at approximately $10 billion, including assumed debt. The transaction is expected to close in the second half of 2021, subject to stockholder approval and customary closing conditions.

Blackstone Infrastructure Partners Acquires ~44% Economic Interest in Tallgrass Energy

February 5, 2019

Energy

Affiliates of Blackstone Infrastructure Partners agreed to acquire 100% of the general partner membership interests and approximately a 44% economic interest in Tallgrass Energy, LP from Kelso & Co., The Energy & Minerals Group and certain management investors for about $3.3 billion in cash. Singapore sovereign wealth fund GIC will be a minority investor in the transaction; the deal represents an ownership transition and provides capital and strategic support for Tallgrass’s midstream growth projects.