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VoltaGrid Announces $1 Billion Strategic Equity Investment From Blackstone and Halliburton

2026-05-11 14:54:21

VoltaGrid LLC, a Houston-based power generation business, has secured a $1 billion strategic equity investment from Blackstone Tactical Opportunities and Halliburton Company. The funding, comprising a $775 million primary raise and a $225 million secondary purchase, will accelerate the deployment of VoltaGrid’s solutions for data centers and industrial applications. Additionally, VoltaGrid will acquire Propell Energy Technology Ltd., gaining its manufacturing capacity and skilled workforce to enhance R&D, integration services, and supply chain control.

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