Kirkland Represents Blackstone in Acquisition of Hill Top Energy Center for Nearly $1 Billion

Kirkland & Ellis advised Blackstone Energy Transition Partners on a definitive agreement to acquire Hill Top Energy Center, a 620-megawatt natural gas power plant in Western Pennsylvania, for nearly $1 billion, from Ardian, a global private investment firm. This transaction follows Blackstone’s recent July 2025 announcement that it would invest over $25 billion to support the build out of Pennsylvania’s digital and energy infrastructure supporting the AI revolution and help catalyze an additional $60 billion investment into the Commonwealth.

Read the transaction press release

The Kirkland team included corporate lawyers Ahmed Sidik, Qasim Rasool and Rhett Van Syoc.