Blackstone Invests $1.2 Billion in Wolf Summit Energy Project, Largest in West Virginia History

Blackstone has committed $1.2bn to develop the Wolf Summit Energy project, a 600MW greenfield combined cycle gas turbine power plant in West Virginia, US. The project is designed to provide electricity to address rising local demand, particularly from data centers supporting AI innovation. It is expected to create 500 construction jobs and drive additional local economic development. Blackstone has emerged as a key investor in infrastructure supporting AI with investments in data centers worldwide.