Blackstone announces $5.6 Billion Final Close for its energy-transition-focused private equity fund

  • Posted 04.03.2025
Elvinger Hoss Prussen Newsflash-4

Elvinger Hoss Prussen represented Blackstone as to matters of Luxembourg law in the establishment and up to the final close of its energy transition-focused private equity fund, Blackstone Energy Transition Partners IV (LUX) SCSp, the Luxembourg parallel fund of Blackstone Energy Transition Partners IV L.P. (“BETP IV”).

Blackstone has announced that BETP IV closed at its hard cap of $5.6 billion and is approximately 33% larger than its predecessor vehicle.

Blackstone Energy Transition Partners (“BETP”) is Blackstone’s energy-focused private equity business, which seeks to help energy companies build enterprises at scale that can deliver cleaner, more reliable and more affordable energy to meet global needs.

The Elvinger New York team included Jean-Thomas Pradillon, Tomas Baecke, and Kenza Bouhaba (Funds), as well as Fiorenza Cingolani (Credit). The Elvinger Hoss Prussen team included Joachim Cour (Funds), Katia Panichi and Chiara Lepore (Credit).