BlackRock & Blackstone Are Buying Local Power Companies – And Other Critical Resources
Private equity giants like BlackRock and Blackstone are buying local utilities to power AI-driven data centers, sparking ratepayer and regulator concerns. The companies are eager to support AI technology and electricity to power AI as it gives them unprecedented potential for surveillance, manipulation, and outright control.
BlackRock and Blackstone control more than $13 trillion in assets. Only two countries, the US and China, have GDPs larger than $13 trillion. BlackRock CEO Larry Fink is a globalist who is a board member of the CFR and is the new CEO of the World Economic Forum. He has bragged multiple times that he has no problem with forcing “behavioral changes.”
BlackRock seeks out products and resources with captive customers. Categories of investments include: water, farmland, housing, transportation, schools, hospitals, telecommunication and energy, including AI data centers. Profit is the motivator, and when jobs are cut, vital services and maintenance suffer.
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https://needtoknow.news/2025/10/blackrock-blackstone-are-buying-local-power-companies-and-other-critical-resources/
https://youtu.be/uwTxjZK17bs
https://thenewamerican.com/us/blackrock-blackstone-are-buying-local-power-companies/