Vol. II · No. 132  ·  Tue, May 12, 2026ARCHIVED ·  22 deals tracked  ·  Updated 2 hr ago

Buyout Desk

Private equity, daily
Platform·Industrials/Industrial Services·May 11, 2026

Blackstone and Halliburton Invest In VoltaGrid

The investment includes $775 million of primary capital to fund VoltaGrid's buildout for AI data center demand and a concurrent agreement to acquire Propell Energy Technology, a key manufacturer of its proprietary high-inertia power systems.

The investment includes $775 million of primary capital to fund VoltaGrid's buildout for AI data center demand and a concurrent agreement to acquire Propell Energy Technology, a key manufacturer of its proprietary high-inertia power systems.