HOUSTON, Oct. 05, 2026 (GLOBE NEWSWIRE) -- VoltaGrid (the “Company”) announced the closing of the equity investments that were previously announced on May 11, 2026. In addition to the primary investment of $775 million from funds managed by Blackstone Tactical Opportunities and from Halliburton Company, the secondary investment from existing investors was upsized from $225 million to $800 million and was comprised of purchasers that included institutional and other investors.
The announced investments broaden the Company’s long-term investor base as the Company scales its buildout of behind-the-meter power generation capacity for data center, microgrid and industrial customers across North America. The secondary purchases provided liquidity to certain existing members of the Company and did not result in additional proceeds to the Company.
Advisors
J.P. Morgan Securities LLC, Barclays and TD Securities acted as placement agents to VoltaGrid. Sidley Austin LLP served as legal advisor to VoltaGrid.
About VoltaGrid
VoltaGrid is an advanced energy management and generation company delivering firm, off-grid power solutions for some of the world’s most demanding applications. Founded in 2020 and headquartered in Houston, Texas, VoltaGrid provides behind-the-meter generation, portable power, CNG fuel supply, infrastructure, and energy management services to data centers, AI infrastructure, utilities, and industrial customers across North America and beyond.