Invenergy, an energy solutions company, announced Blackstone Infrastructure Partners has completed an approximately $1 billion equity investment in Invenergy Renewables Holdings.
Blackstone has already invested nearly $3 billion in Invenergy in 2021 and 2022.
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.
Invenergy will use this investment to support the growth in the United States and around the world, as well as its portfolio of projects.
Invenergy has the world’s largest solar and land-based wind farms, energy storage facilities, offshore wind projects, high-voltage direct current interregional transmission lines, clean hydrogen initiatives, solar panel manufacturing, and a growing community solar business through its Reactivate venture.