The private equity firm said the deal through Blackstone Energy Transition Partners represents its most recent investment in the power infrastructure supporting data centers and the artificial-intelligence boom. The New York-based firm said the Potomac plant is located in close proximity to over 130 data centers.

Ares Management’s Potomac Energy Center, sited in Virginia near more than 130 data centers, is expected to see “significant further growth,” Blackstone Energy Transition Partners said.

Blackstone Energy Transition Partners has agreed to acquire the 774MW Potomac Energy Center in Loudoun County, Virginia, as reported by Reuters. The Potomac Energy Center, a natural gas-fired power plant built in 2017,