Williams Companies: $5.34 Billion Blackstone Investment Finances Five New Power Plant Projects for AI Expansion
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On July 13, Williams secured financing of $5.34 billion from Blackstone, Apollo, and KKR for the construction of five "behind-the-meter" energy projects. The consortium receives a non-controlling stake of 49%, while the corporation retains operational control over the infrastructure for direct AI power supply. Management reaffirmed the annual guidance for adjusted EBITDA 2026 at the upper end of the range of $8.05 to $8.35 billion with a leverage ratio of 3.6x. Strategic Partnership for Infrastructure Financing On July 13, The Williams...
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