[ TRANSACTION RECORD ]

Blackstone Inc. Investment in Green Steel Spain — 2026

VERIFIED VECTOR ID: 002697 · tx-412
M SOURCE NODE — FUNDER
Finance United States
$1,100,000,000
EQUITY
15/05/2026
Q DESTINATION NODE — RECIPIENT
SPV Spain
Amount (USD)
$1.1B
Flow Type
EQUITY
Transaction Date
15/05/2026
Primary Source
Funder Profile [ M ]
AUM 1100000
HQ Location United States
Sector Finance
Recipient Profile [ Q ]
Entity Type SPV
Jurisdiction Spain
Intelligence Note

BlackRock Inc. led a 1.1 billion dollar equity investment in the Green Steel Spain project to build an electric arc furnace plant powered by green hydrogen. This transaction supports the decarbonization of the European industrial sector and the expansion of fossil-free steel production. The deal highlights the asset manager’s commitment to financing sustainable heavy industry.