Clean power transmission projects planned for New York will be built and owned by Blackstone Group and Related Companies.
Tag: blackstone
Cuomo puts private equity vulture in charge of coronavirus economic recovery
Selection of Blackstone senior advisory director Bill Mulrow raises concerns about Wall Street profiteering from coronavirus recovery
Eyes on the Ties’ Fracketeer of the Month: Stephen Schwarzman
Blackstone Group CEO Stephen Schwarzman has bet billions of dollars on the oil and gas industry, buying interests in drilling fields, fracking companies, major pipeline projects, power plants and export facilities. If Trump continues to make good on his pledge to expand fracking and pipeline infrastructure, Blackstone’s oil and gas bets could prove incredibly lucrative for Schwarzman, whose $425 million 2016 pay package mainly came in the form of stock dividends.