They buy them with debt, when the purchase goes through the debt goes to the power company, not to BlackRock

This means entire states power bills will instantly rise to pay off the debt. It’s a racket and it’s started

“What if I told you that your electricity bill isn’t just paying for the power you use? It might also be paying off Wall Street’s debt.”

https://x.com/WallStreetApes/status/1987725418045317434

Report: Private equity firms like BlackRock SNAPPING UP Public Utilities & Electric Bills To SKYROCKET

Private equity firms like BlackRock and Blackstone are acquiring U.S. electric utilities, raising concerns about monopolistic control and skyrocketing electricity rates. Historical examples, such as California’s 2000–2001 energy crisis, demonstrate how privatization can lead to price gouging, rolling blackouts, and market manipulation for profit. Critics warn that these acquisitions exploit political influence, labor allies, and clean energy groups to advance deals, while leaving consumers with limited recourse and higher costs.

https://www.climatedepot.com/2025/08/27/report-private-equity-firms-like-blackrock-snapping-up-public-utilities-electric-bills-to-skyrocket/