VoltaGrid LLC announced that it has signed agreement to receive $775 million in a round of funding co-led by new investors funds managed by Blackstone Tactical Opportunities Fund L.P., a fund managed by Blackstone Inc., and Halliburton Company on May 11, 2026. The company will issue convertible preferred shares in the transaction. The transaction is subject to customary closing conditions and is expected to close in mid-2026.
The transaction will be raised at a post money valuation of more than $10,000 million.
