Blackstone-led Group Invests $5.34 Billion for 49% Stake in Williams' Five Power Projects

Williams has agreed to sell a 49% stake in five behind-the-meter power generation projects through its Power Innovation joint venture to a Blackstone-led group, securing an investment of $5.34 billion. The deal involves partnerships with Apollo and is expected to impact Williams' stock performance.

By Carl Surran, SA News Editor · Seeking Alpha ·

Blackstone-led Group Invests $5.34 Billion for 49% Stake in Williams' Five Power Projects

Tickers: $APO $BX $WMB

Topics: Energy M&A Power Generation

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