Brief: Voltagrid Announces $1 Billion Strategic Equity Investment From Blackstone And Halliburton To Fund Growth And Acquisition Of Propell
11/05/2026 13:52
May 11 (Reuters) - Blackstone Inc BX.N: VOLTAGRID ANNOUNCES $1 BILLION STRATEGIC EQUITY INVESTMENT FROM BLACKSTONE AND HALLIBURTON TO FUND GROWTH AND ACQUISITION OF PROPELL VOLTAGRID: HAS SIGNED A DEFINITIVE AGREEMENT TO ACQUIRE PROPELL ENERGY TECHNOLOGY LTD. AND ITS AFFILIATES VOLTAGRID: BOTH TRANSACTIONS ARE SUBJECT TO CUSTOMARY CLOSING CONDITIONS, EXPECTED TO CLOSE IN MID-2026 Source text: ID:nGNX95jNQ0 Further company coverage: BX.N ((Reuters.Briefs@thomsonreuters.com;))
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