Full-Time
$80k - $110k/yr
Senior, Expert
Las Vegas, NV, USA + 3 more
More locations: Fresno, CA, USA | Modesto, CA, USA | Pleasanton, CA, USA
This is not a remote or hybrid position.
Company Size
501-1,000
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$13.5M
Headquarters
Scottsdale, Arizona
Founded
1972
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/PRNewswire/ -- Westwood Professional Services, Inc. (Westwood), a nationally renowned design and consulting firm, announced today its acquisition of...
Blackstone Energy Transition Partners acquired a majority stake in Westwood Professional Services, an engineering firm specializing in renewable energy and infrastructure. This move is part of Blackstone's broader strategy to invest $100 billion in energy transition and climate change solutions over the next decade. Recent related investments include Trystar and Sediver Group. The deal involves approximately $1.3 billion. Westwood CEO Bryan Powell expressed excitement about the partnership's growth potential.
Blackstone Energy Transition Partners has announced a majority investment in Westwood Professional Services, acquiring the stake from Endurance Partners. Westwood's management will retain a minority stake. This investment aligns with Blackstone's focus on energy transition, following recent investments in Trystar and Sediver. Blackstone has committed approximately $1.3 billion in equity investments in the energy transition sector since June.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.