Blackstone Unveils $25B Infra Push to Transform Pennsylvania into AI and Energy Hub

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. 

Blackstone Group (NYSE: BX)
Bilal Khan | SVP, Private Equity, BX Energy Transition Partners
Blackstone Group (NYSE: BX)
Rob Horn | Senior Managing Director; Global Head of Infrastructure & Asset Backed Credit and Insurance (BXCI)
Blackstone Group (NYSE: BX)
Sean Klimczak | Global Head of Infrastructure/Data Centers
QTS Realty Trust, Inc.
Dane Cousins | Senior Investments Manager

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