Blackstone, Halliburton Invest $1 Billion in VoltaGrid, Valuing Energy Startup Above $10 Billion
Updated
Updated · Bloomberg · May 11
Blackstone, Halliburton Invest $1 Billion in VoltaGrid, Valuing Energy Startup Above $10 Billion
9 articles · Updated · Bloomberg · May 11
$1 billion from Blackstone and Halliburton is set to back VoltaGrid in a private deal that values the Houston-based energy startup at more than $10 billion.
VoltaGrid builds gas-powered microgrids designed for rapid data center deployments, tying the investment to surging demand for fast, on-site power.
Monday could bring an announcement of the transaction, according to people familiar with the matter, who said details remain private.
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