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Williams Partners With Blackstone on Behind-the-Meter Power

AI Briefing

  • • Blackstone invests $5.34 billion in Williams for 49% stake in five behind-the-meter power projects.
  • • Investment will support Williams' development of five behind-the-meter power projects.
  • • Terms of deal not disclosed, with Blackstone's stake set at 49%.

Source Summary

Blackstone and its partners will invest $5.34 billion in Williams for a 49% stake in five behind-the-meter power projects Williams is developing.

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