Blackstone Energy Transition Partners has completed construction of the 694-megawatt Magnolia Power Generating Station in Plaquemine, Louisiana, with the facility now entering commercial operations.

The greenfield combined-cycle gas turbine (CCGT) plant was developed by Kindle Energy, Blackstone’s North American power platform. Construction began in 2022 and created more than 400 local construction jobs.

The facility is expected to generate enough electricity to power more than 500,000 homes annually in Louisiana. Magnolia is described as the first hydrogen-capable, advanced-class generator plant in Midcontinent Independent System Operator (MISO) South.

Bilal Khan, Senior Managing Director at Blackstone, said: “Blackstone is proud to invest in new energy supply generation needed to fuel economic growth and support rising power demand in the region. We are excited to have backed this critical project, which has created hundreds of jobs and will help deliver more affordable, efficient and reliable electricity for Louisiana.”

Lee Davis, CEO of Kindle Energy, said, “This marks an important milestone for our company as we continue to build new, efficient power generation for our valued partners and customers in Louisiana, Colorado, and West Virginia. We look forward to our continued partnership with Blackstone to support rising energy needs in North America.”

“Magnolia Power Generating Station will help deliver affordable and reliable electricity to more than 500,000 homes while supporting hundreds of American jobs in Louisiana,” said U.S. Deputy Secretary of Energy James P. Danly. “Projects like this reflect President Trump’s leadership to unleash American energy and enable the infrastructure needed to power our nation and meet growing electricity demand.”

Blackstone Energy Transition Partners has invested in several other U.S. gas-fired generation projects over the past year, including facilities in West Virginia, Pennsylvania and Virginia, totaling roughly 2 gigawatts of capacity.