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Our teams are continuing to help ‘power’ the #energytransition. Welcome to the #Blackstone family, Trystar!

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Global Head of Blackstone Energy Transition Partners

I’m proud to share that Blackstone Energy Transition Partners has agreed to acquire Trystar. As a premier provider of backup power solutions, the company is well positioned amidst the ongoing #energytransition and growing power needs associated with electrification. It also continues our firm’s thematic focus on the exponential growth in data centers that are powering the AI revolution and have significant backup power needs to avoid business disruption.   Blackstone Energy Transition Partners’ is committed to helping energy transition companies grow, and Trystar is our latest such investment alongside SEDIVER, Energy Exemplar, Power Grid Components, Inc., Enstall, Geosyntec Consultants, Legence, TDI - a Blackstone Portfolio Company, and others. Read more here: https://lnkd.in/gPakWQRe

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Michael J. Kraus

Goethe Uni Frankfurt | ex-Deloitte

1mo

Interesting

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What was the most impactful deciding factor for this deal?

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