Blackstone digs deeper on transition
Private equity division Blackstone Energy Partners is looking to finance critical energy infrastructure assets
David Foley is global head of investment management company Blackstone's energy-focused private equity business, Blackstone Energy Partners. Since joining Blackstone in 1995, Foley has played a role in every energy-related private equity deal the firm has made. Blackstone has invested c.$16bn in projects it believes are consistent with the energy transition since 2019, including in the battery storage and energy efficiency sectors. In January this year, the firm said it saw an opportunity to invest an estimated $100bn in the energy transition and climate-change solutions across all its businesses over the next decade. Here, Foley talks to Transition Economist about the outlook for the energy
![](/images/white-fade.png)
Also in this section
21 July 2024
Awards experience 20% increase in nominations this year, with submissions from 27 countries
18 July 2024
Platform developed at Scottish university uses advanced simulations and machine learning to find most cost-effective and sustainable combinations of materials for use in carbon capture
18 July 2024
Stockholm Exergi agrees to one of world’s largest deployments of CO₂ liquefication technology to enable transport of emissions captured from biomass power plant
11 July 2024
Watkins will leverage her financial acumen and strategic insight to lead Gulf’s commercial initiatives across media, events, and market intelligence