News

Blackstone investment fund seeding $250M into new venture in C&I sector

Private equity investment giant Blackstone is creating a new portfolio company focused on financing and owning distributed energy assets for the commercial, industrial and institutional sectors. GSO Capital Partners LP, Blackstone’s global credit investment platform, will commit $250 million to fund the new company ClearGen in the beginning. The capital commitment likely will grow over

Robotics: Autobots Transform in the Offshore Energy Sector

Robots and robotics have slowly been entering our lives, in various shapes and forms (and fictional characters), from self-driving household vacuum cleaners to highly automated manufacturing systems. Now they’re heading for the offshore world – in just as many shapes and forms. There could be a lot to gain from robotics, but platforms and offshore