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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Blackstone Inc | NYSE:BX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -4.12 | -3.42% | 116.50 | 120.11 | 116.48 | 119.12 | 4,329,191 | 00:17:37 |
From May 2019 to May 2024
By Colin Kellaher
Blackstone Group Inc. Wednesday said funds managed by its Blackstone Energy Partners unit have acquired battery energy storage company NRStor C&I L.P. for an undisclosed amount.
The New York investment firm said Toronto-based NRStor has more than 200 megawatt hours of operational, in-construction and contracted projects in the growing battery-storage market.
Blackstone Energy Partners, the firm's energy-focused private-equity business, acquired NRStor from alternative investment manager Fengate Asset Management and venture-capital firm Lake Bridge Capital II Inc.
Fengate said its private-equity team has been managing the NRStor investment on behalf of the LiUNA Pension Fund of Central & Eastern Canada.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 04, 2020 09:46 ET (14:46 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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