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Blackstone Buys Dresser Utility Solutions From First Reserve

Saturday, August 15, 2026 · first reported by Private Equity Professional

Blackstone Energy Transition Partners acquires Dresser Utility Solutions from First Reserve; Dresser, founded 1880, manufactures gas/water measurement and infrastructure equipment for utilities (~850 employees). This is the first investment of Blackstone's newest energy-transition PE vintage, which has deployed $28B+ of equity globally.

Fund
Blackstone Energy Transition Partners
Asset class
Private equity
Geography
Global

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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