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Blackstone grows Invenergy backing to $4bn

Funds managed by Blackstone Infrastructure Partners have made an additional $1bn investment in US renewables developer and operator Invenergy.

This investment follows Blackstone's combined $3bn investments in Invenergy in 2021 and 2022. Invenergy is owned by Blackstone, la Caisse de Dépôt et Placement du Québec (CDPQ), and its management team.

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