Blackstone closes Energy Transition Partners V at $8.7 billion
The fund is more than 50% larger than its predecessor vehicle and has reached its hard cap.
GetSignal Blackstone Inc. BX
Blackstone said on October 19, 2026 that it completed the final close of Blackstone Energy Transition Partners V, known as BETP V, at $8.7 billion.
The company said the fund was oversubscribed and that it builds on the performance of the strategy's prior vintages.
Key facts
- Final close
- $8.7 billion
- Size versus predecessor
- More than 50% larger
- Fund status
- Reached hard cap
Source: The company's release on Business Wire, October 19, 2026.
Written by GetSignal with AI from the company's press release.
Not investment advice.
