Blackstone, Vista Equity to buy software firm Energy Exemplar
© Reuters. FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo
The deal represents a bet on energy transition, as power utilities, grid operators and renewable energy developers turn to simulation software to fine tune use of production capacity and maximize efficiencies. "This investment is the latest in a series demonstrating Blackstone's conviction in the energy transition."
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