Sean Klimczak, a Senior Managing Director of Blackstone with responsibility for Blackstone's investments in the power sector, said, “We are thrilled to have this opportunity to partner with such an exceptional management team to identify and develop power projects in Latin America, Europe and the Middle East. They will complement Blackstone’s expertise, help us expand our reach and create value for investors.”Pedro Barriuso, Fisterra's Chairman and CEO, said, “We are delighted that Blackstone has chosen to partner with us in this venture. They have the capital resources, knowledge and relationships in the energy sector to support the company's management team as we execute a shared vision of identifying and pursuing the best investment opportunities in the energy industry.”
Blackstone Teams With Former Iberdrola Renewables Management Team To Found New Energy Development Company
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.