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.” About Blackstone Blackstone is one of the largest alternative asset managers in the world, with more than $205 billion in assets under management, and is a leading global private equity firm and energy private equity franchise. Since its inception in 1985, Blackstone has invested over $42 billion of equity in 172 transactions across the globe. Blackstone is currently investing out of Blackstone Capital Partners VI (“BCP VI”), a $16.7 billion diversified general purpose private equity fund, and Blackstone Energy Partners (“BEP”), a $2.5 billion energy-focused private equity fund. Blackstone’s private equity investments in the energy sector are funded jointly by BEP and BCP VI, which together represent over $5 billion of equity capital allocated to energy. Over the last decade, Blackstone has built a leading energy sector private equity investing franchise with an extensive track record of investing in partnership with talented management teams seeking to capitalize on their growth opportunities and realize the full potential of their assets. Led by David Foley, the Chief Executive Officer of BEP, this dedicated team of professionals has committed and invested more than $7.5 billion of equity in over 25 energy transactions, across a broad range of geographies and throughout the energy value-chain: upstream, midstream, services & equipment, downstream and power. Power companies represent a significant share of Blackstone’s capital commitments to the energy sector and remain a key focus area for new investments. Blackstone’s current portfolio of power investments includes: Sithe Global, Moser Baer, Monnet, Global Offshore Wind and PQ Energy.