Find more information on the issues deeply affected by private equity investments:
The prime minister’s climate record doesn’t match his rhetoric. Canada deserves straight answers. The following op-ed by PESP senior research coordinator Amanda Mendoza published in January in Canada’s National Observer: In the frantic hours before Parliament voted…
After the decision to allow the BlackRock acquisition of Minnesota Power (MP) to commence by the Minnesota Public Utilities Commission (MN PUC), Minnesotans were left to wonder how…
The Private Equity Stakeholder Project (PESP) welcomes a letter of deficiencyissued December 23, 2025 by staff at the Federal Energy Regulatory Commission (FERC) regarding Blackstone’s proposed acquisition of TXNM Energy and its subsidiaries, Public Service Company…
TXNM, parent company to two electric utilities, PNM and TNMP, announced plans to be acquired by Blackstone’s Infrastructure platform in May of 2025 in a $11.5 billion take-private deal. This proposed acquisition would…
Several large public pensions cut back allocations to private equity in 2025 in the face of the industry’s poor performance and unrelenting headwinds. Among the public asset owners that…
Climate disasters are accelerating at an exponential rate, with the first half of 2025 rated as the costliest ever on record at $101 billion, The Guardian reported. More and more people are becoming all too familiar with what a…
In a disappointing decision, the Minnesota State Board of Investment voted to approve an additional investment of up to $450 to private equity firms Bridgepoint and Bridgepoint subsidiary Energy Capital Partners at the board’s October 21, 2025 meeting.
The Private Equity Stakeholder Project (PESP) was founded in 2017 to address the growing impacts of private equity on people and the planet. We are a resource to the communities, individuals, and organizations grappling with these impacts. In the coming…
U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Bernie Sanders (D-VT), and Richard Blumenthal (D-CT) wrote concerned letters to BlackRock and Blackstone earlier this month.
A major new feature in The American Prospect, “Lightning in a Bottle,” highlights the growing national crisis around rising electricity costs and the weakened regulatory systems meant to protect households. The story underscores how…
Lander’s $42B call highlights growing alarm over BlackRock’s fossil fuel strategy Watchdog argues BlackRock’s fossil fuel expansion and high-risk infrastructure investments are incompatible with prudent, long-term pension management Outgoing New York City Comptroller Brad Lander has called…
Signs of turmoil within Carlyle as the firm fails its second high-profile overseas fossil fuel acquisition attempt American private equity firm The Carlyle Group has been successfully expanding its fossil fuel footprint across the United States, recently…
