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Blackstone has unveiled a landmark $25 billion infrastructure investment aimed at transforming Pennsylvania into a strategic center for digital innovation and energy resilience. The initiative, announced this week, will deploy capital through Blackstone’s infrastructure and real estate funds, with plans to unlock more than $60 billion in regional economic development over the coming decade.
The multi-pronged project taps into Pennsylvania’s vast, low-cost energy resources — the state produces roughly 20% of the nation’s natural gas — positioning it as a prime destination for next-generation data centers and AI-driven industries. A major component of the plan will be led by QTS, Blackstone’s global data center platform, which has already secured several large land parcels in Northeastern Pennsylvania for development.