Find more information on the issues deeply affected by private equity investments:
The Gavin coal plant along the Ohio River, owned by the politically-connected private equity firm Blackstone, is losing money and poses significant environmental liabilities. The plant, owned by Blackstone and ArcLight Capital Partners, is considered the deadliest coal plant…
Common Dreams recently published an op-ed by PESP climate director Alissa Jean Schafer on the dangers of the Blackstone-owned Gavin Coal Plant in Ohio. The world’s largest private equity firm owns one of the US’s largest and dirtiest…
The proposed Rio Grande Liquified Natural Gas (LNG) terminal, backed by private equity firm Global Infrastructure Partners (GIP), is facing new headwinds. On August 6th, the D.C. Circuit Court issued a decision to…
The proposed Rio Grande Liquified Natural Gas (LNG) terminal, a project backed by private equity firm Global Infrastructure Partners (GIP), is encountering significant obstacles that call into question the viability of its future. The pension funds and other GIP investors…
Private equity giant, The Carlyle Group, announced in June it is building a new oil and gas drilling and exploration company in the Mediterranean. The firm kicked off this endeavor with a $945 million acquisition of a portfolio…
The Gavin Coal Plant (Gavin) is a 50-year-old 2,600 MW coal-fired power plant in Cheshire, OH,[1] originally developed and constructed by American Electric Power (AEP), an electric utility currently spanning 11 states[2]. Gavin is infamous for…
The Carlyle Group plans to establish an oil and gas company in the Mediterranean after acquiring projects in Italy, Egypt, and Croatia from Energean for up to $945 million. The new venture, chaired by former BP CEO Tony Hayward, will…
An article by Verite News published last month discussed the proposed sale of Entergy Corporation’s gas utilities in Louisiana to Baton Rouge-based private equity firm Bernhard Capital. The deal is worth $484 million and would transfer the gas distribution business…
Oaktree Capital Management, a subsidiary of private equity giant Brookfield, announced the firm is cashing out on its financial interest in Diversified Energy company–Oaktree’s dirtiest asset– responsible for an estimated 31 million metric tons of CO2e per year.
In a groundbreaking development, the Private Equity Stakeholder Project (PESP), with members of the Carrizo Comecrudo Tribe and South Texas Environmental Justice Network, convened an in-person meeting with private equity firm Global Infrastructure Partners (GIP) to discuss the firm’s backing…
The Private Equity Stakeholder Project submitted a letter calling on the FTC and the DOJ to block the proposed merger of asset manager giant BlackRock and private equity firm Global Infrastructure Partners (GIP). The merger appears to be…
The first-ever Private Equity Energy Tracker was just updated by the Private Equity Climate Risks data consortium project. First released in February of 2024, the Energy Tracker showcases a list of the energy holdings of 21…
