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On July 13, Williams, a prominent US energy infrastructure company, declared that it had inked a deal with a consortium spearheaded by Blackstone, and also comprising Apollo and KKR. This consortium is set to pour $5.34 billion into the supporting power projects of five Power Innovation data centers under the Williams umbrella, thereby acquiring a 49% non-controlling interest. Specifically, $4.4 billion of this investment will be earmarked to cover 49% of the anticipated capital expenditures for these projects, while an additional sum of approximately $900 million will be paid to Williams. Williams will maintain a 51% stake, along with commercial and operational control, and reserves the right to repurchase the relevant equity between the 7th and 14th years.
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