Tag: blackrock

BlackRock & Blackstone Are Buying Local Power Companies

Globalist equity firms are scooping up local energy companies across the country — and it looks like they’re just getting started. The official reason is to invest in America’s artificial intelligence (AI) infrastructure.

The buyouts are already triggering pushback and anxiety at the local level. The Associated Press recently reported that “private equity giants like BlackRock and Blackstone are buying local utilities to power AI-driven data centers, sparking ratepayer and regulator concerns.”

Worries about rising power bills have been mounting in tandem with the buildup of AI data centers around the country. Earlier this year, the AP reported:

Rising power bills are “something legislators have been hearing a lot about. … More people are speaking out at the public utility commission in the past year than I’ve ever seen before,” said Charlotte Shuff of the Oregon Citizens’ Utility Board, a consumer advocacy group. “There’s a massive outcry.

… Tricia Pridemore, who sits on Georgia’s Public Service Commission and is president of the National Association of Regulatory Utility Commissioners, pointed to an already tightened electricity supply and increasing costs for power lines, utility poles, transformers and generators as utilities replace aging equipment or harden it against extreme weather.

The AI race is well underway, and it’s no surprise that these massive international asset firms, given their history, are eager to support a technology with unprecedented potential for surveillance, manipulation, and outright control. There’s also the prospect of a great return on investment, which is the official primary goal of these equity firms. But, as history shows, these multi-trillion dollar entities are not afraid to throw around their monetary might and bully companies into incorporating into their brand political causes such as climate alarmism and the “trans” agenda.  

BlackRock and Blackstone used to be the same company before separating in 1988. Together they control more than $13 trillion in assets. The bulk of that, about $12 trillion, is BlackRock’s, while Blackstone has reported about $1.2 trillion in assets. Only two countries have GDPs larger than $13 trillion — the U.S. and China.

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Big Pharma heir Andre Hoffmann joins BlackRock CEO to drive WEF’s Agenda 2030 overhaul

Following the World Economic Forum (WEF) announcement to appoint interim co-chairs, much of the public focus has been on BlackRock CEO Larry Fink, but not so much on Andre Hoffmann, who is a Swiss billionaire and heir to the fifth largest pharmaceutical company on the planet, Roche.

With last April’s departure of Klaus Schwab from the board of trustees of the organization he founded over 50 years ago, the WEF briefly appointed former Nestle CEO Peter Brabeck-Letmathe as interim chairman.

Fast forward four months to August 15, 2025, and the WEF introduced two new interim co-chairs, billionaires Larry Fink and Andre Hoffmann.

“We believe the Forum can serve as a unique catalyst for cooperation, one that fosters trust, identifies shared goals, and turns dialogue into action.” — Larry Fink & Andre Hoffmann, WEF, August 2025

With an estimated net worth of $1.3 billion, Fink is the CEO of the largest asset management company in the world, BlackRock, managing some $11.6 trillion in assets.

And with an estimated net worth of $8.13 billion, Hoffmann is the vice chairman of F. Hoffmann-La Roche, the fifth largest pharmaceutical company by revenue in the world, just behind Pfizer.

Together, Fink and Hoffmann issued a statement saying that “the need for a platform that brings together business, government, and civil society has never been greater,” and that they “believe the Forum can serve as a unique catalyst for cooperation, one that fosters trust, identifies shared goals, and turns dialogue into action.”

The WEF leadership page says that in their work on the board of trustees, “members do not represent any personal or professional interests.”

However, it doesn’t take a genius to figure out that the business dealings of the new interim co-chairs align with multiple WEF agendas, from net zero and ESG to stakeholder capitalism and the U.N. Agenda 2030.

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Digital Harvest: BlackRock, Vanguard, State Street – Shareholders in the Shadows

They don’t sell seeds. They don’t own tractors. They don’t run warehouses or ship grain. But BlackRock, Vanguard and State Street are among the most powerful actors in global agriculture.

Together, these three asset managers control more than $26 trillion in assets—more than the GDP of the United States and India combined. They are shareholders in nearly every major agribusiness: Bayer, Cargill, ADM, Nestlé, Deere & Co and more. They don’t compete. They co-own. And through that ownership, they govern.

This is not capitalism as competition. It’s capitalism as quiet coordination.

These firms don’t need to dictate policy. They shape the terrain on which policy is made. Their influence is structural, not spectacular. It’s exercised through boardrooms, shareholder resolutions and capital flows. And it’s largely invisible to the public.

But its effects are everywhere.

According to the Food Barons 2022 report by ETC Group, BlackRock, Vanguard and State Street hold dominant stakes across the agrifood chain—from seeds and chemicals to supermarkets and logistics platforms. In many sectors, they are the top three shareholders in all the major firms. This means that ‘competition’ between companies like Bayer and Syngenta, or Nestlé and PepsiCo, is often little more than a performance. The real power sits behind the curtain.

These firms don’t micromanage. They don’t need to. Their power lies in alignment—in shaping what counts as value, what counts as risk and what counts as acceptable behaviour. And increasingly, that behaviour is being framed through the lens of ESG: Environmental, Social and Governance metrics.

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Mike Lee’s proposed public lands sale blocked by Senate parliamentarian

A proposal by Utah Sen. Mike Lee, a Republican, to sell millions of acres of public lands to private housing developers hit the skids late Monday when the Senate parliamentarian ruled it couldn’t be included in President Trump’s One Big, Beautiful Bill.

Why it matters: Lee’s plan would have ordered federal land managers to sell up to about 3.3 million acres of land for housing and infrastructure.

Driving the news: The Senate parliamentarian decided Monday night that Lee’s proposal violated rules limiting “extraneous” measures that can be added during budget reconciliation.

  • To overcome the ruling, Lee’s plan would require a 60-vote majority.

Catch up quick: Lee’s proposed land sale prompted widespread backlash, including from some Republicans.

  • Lee said the land sales would make room for more housing in western states — but the policy language didn’t require homes built on the land to meet any standard for affordability.

The intrigue: Shortly before the parliamentarian’s ruling, Lee posted to X that he planned to make major revisions to the proposal, making national forest land ineligible for sale and “significantly” reducing other lands that would be available.

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BlackRock strikes $23 billion deal to place Panama Canal ports under American control

The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that operate the ports to a consortium including BlackRock Inc., after President Trump alleged Chinese interference with the operations of the critical shipping lane. 

In a press release, CK Hutchison Holding said Tuesday that it would sell all shares in Hutchison Port Holdings and all shares in Hutchison Port Group Holdings, in a deal valued at $22.8 billion. The two units hold 80% of the Hutchison Ports group that operates 43 ports in 23 countries, including two of the four major ports that exist along the Panama Canal. The deal will give the BlackRock consortium control over 43 ports in 23 countries, including Mexico, the Netherlands, Egypt, Australia, Pakistan and elsewhere.

The consortium, comprised of BlackRock, Global Infrastructure Partners and Terminal Investment Limited will acquire 90% interests in Panama Ports Company, which owns and operates the ports of Balboa and Cristobal in Panama, according to the filing. 

“This agreement is a powerful illustration of BlackRock and GIP’s combined platform and our ability to deliver differentiated investments for clients. These world-class ports facilitate global growth,” BlackRock CEO Larry Fink said in a joint announcement with TilL of the deal. “Through our deep connectivity to organizations like Hutchison and MSC/TIL and governments around the world, we are increasingly the first call for partners seeking patient, long-term capital. We are thrilled our clients can participate in this investment.

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‘Net-Zero’ ESG banking cartel continues collapse in aftermath of Trump victory

BlackRock announced on Thursday that it is leaving the Net-Zero Banking Alliance. The asset management behemoth becomes the latest U.S. megacorporation to leave the ESG climate narrative coalition after President-elect Trump defeated Kamala Harris on Election Day.

The move follows the departure of the six biggest U.S. banks—Goldman Sachs, Wells Fargo, Citi, Bank of America, Morgan Stanley, and JP Morgan—from the group after Election Day.

Charles Gasparino of the New York Post, who first broke the BlackRock news, remarked on X that it represents a “massive blow to the ESG investing movement.”

The Net Zero Banking Alliance (NZBA) was established in April 2021, at the height of Covid hysteria, under the auspices of the United Nations. Initially, the NZBA attracted 43 major global banks, representing a significant portion of the world’s banking assets.

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BlackRock Buys Blood-processing Facility, Pharmaceutical Lab as It Bets on Growing Profits in Healthcare

Global investment management firm BlackRock bought a blood-processing facility and a pharmaceutical lab in Australia as the first seed assets for its $1.5 billion Life Sciences investment platform, Financial Review reported.

The world’s largest asset manager partnered with Australian fund manager Wentworth Capital to make the purchase after the two firms determined that the life sciences real estate sector — including laboratories and research hubs — is a new asset class attractive to global investors and likely to be profitable.

Ben Hickey, head of Australian real estate for BlackRock, said the company thought that the sector is poised for long-term growth “driven by increased government and infrastructure spend[ing]” along with existing industry capabilities.

BlackRock launched the strategy after it surveyed European investors who invest in alternative asset strategies in September and found that a third of them were investing in life sciences real estate, the Financial Review reported.

Life sciences real estate, which refers to facilities built for medicine and healthcare, includes spaces for biotech, pharma and medical device companies. Examples include Merck’s recent expansion of its human papillomavirus or HPV vaccine production facility in Virginia, and Moderna’s new Innovation and Technology Centre for vaccine manufacture and mRNA research being constructed at an “unprecedented speed” near Oxford, England, in partnership with the U.K. government.

Hickey said Australia offered a high-growth low-risk market for the investment strategy and it was likely to see growth trends similar to what is happening in the European Union and the U.S., where rising industry demand is leading to the expansion of the life science and biomedical innovation hubs, according to the financial standard.

JLL, a different asset management company, forecasts in its 2024 report that worldwide pharma sales will be 80% higher by 2030 compared with 2023, driven largely by a doubling of revenue from “biologics.” Those include vaccines, gene therapies and monoclonal antibodies made from living cells that are altered through biotechnological methods. JLL predicts that growth will drive a recovery in the life sciences real estate market, which faltered in recent years.

However, as the number of biotech startups explodes, they are scrambling for new space, the report said, and demand for smaller life sciences spaces is already on the rise and should drive expansion of the market as a whole.

Anticipating this growth, BlackRock purchased two facilities owned by different investment funds previously managed by Charter Hall, an Australian property development and funds manager company, according to Financial Review.

The first is one of only four blood-processing facilities in Australia, operated by the Australian Red Cross Society under the name Lifeblood. BlackRock didn’t reveal what it paid for the 12,700-square-meter 24-hour facility in Alexandria, but Charter Hall paid $159 million for it in 2021.

The second is an 8,113-square-meter laboratory and office building in Macquarie Park currently rented by Israeli multinational Teva Pharmaceuticals, which is the world’s largest manufacturer of generic medicines. Charter Hall paid $53 million for the building in 2021.

BlackRock said it expects its new investments in life sciences to yield returns in line with its assets such as childcare facilities, which typically have a 4.5-5.5% rate of return.

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“It Really Doesn’t Matter”: BlackRock CEO Says Wall Street Benefits Regardless Who Is President

The billionaire CEO of BlackRock, the world’s largest asset manager, has said it “really doesn’t matter” who wins the US presidential election, because both Donald Trump and Kamala Harris will be good for Wall Street.

“I’m tired of hearing this is the biggest election in your lifetime. The reality is over time it doesn’t matter”, said BlackRock chief Larry Fink at an October 21 conference hosted by the Securities Industry and Financial Markets Association, according to the Financial Times.

“It really doesn’t matter”, Fink reiterated. He revealed that, at BlackRock, “we work with both administrations and are having conversations with both candidates”.

BlackRock has $11.5 trillion assets under management, making it the biggest investment company on Earth.

BlackRock has a revolving door with the US government. Veterans of the asset manager have held high-level roles in the Joe Biden administration’s Treasury. A BlackRock executive has likewise served as a prominent economic advisor for Kamala Harris.

Trump’s Treasury, on the other hand, was run by Goldman Sachs’ former chief information officer, Steven Mnuchin, who made a fortune as a hedge fund manager.

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Zelensky Leaving Ukrainians to Die for BlackRock, Deep State – Ex-Diplomat

Neoconservative elements in Washington have long sought to respond to the perceived threat of Russian military and diplomatic power, but the interests of large Western financial institutions in seeing the proxy war continue have received less attention.

While politicians wage a propaganda war to ensure continued funding for the Western proxy conflict against Russia, average Ukrainians are left to suffer for the sake of powerful outside interests, according to one whistleblower and former diplomat.

Analyst Andrii Telizhenko, who previously served in Ukraine’s government but fled the country after facing opposition to his anti-war beliefs, joined Sputnik’s The Final Countdown program Monday, lamenting the fate of hundreds of thousands of young Ukrainian men and women who have sacrificed their lives for the intractable US-backed conflict. The former government official said Kiev has lost 970,000 troops since 2022, confirming previous analysis that has placed the number of Ukrainian deaths during the conflict at close to one million.

“Zelensky… could have stopped this war before it started,” said Telizhenko of the controversial figure, whose constitutional mandate as president of Ukraine ended in May. “That’s why he has to continue this rhetoric, to stay in power.”

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Erik Prince on Trump Assassins Appearing in BlackRock Commercials, “The Statistical Likelihood of that Being Random Is Impossible”

Former Navy SEAL and founder of the private military company Blackwater, Erik Prince, joined Natalie Winters on The War Room on Tuesday to discuss the second unsuccessful assassination attempt against President Donald Trump in two months.

During their discussion Erik Prince pointed out the odd coincidence that both Trump failed assassins, Thomas Crooks and Ryan Wesley Routh, were both featured in a BlackRock commercial.

Prince told Natalie Winters, “There’s some indication that shows both the Butler shooter and yesterday’s shooter both appeared in BlackRock TV commercials. The statistical likelihood of that being random is impossible.”

Prince also said the feds have lost all credibility in investigating the Trump would-be assassins.

Here is the full exchange:

Erik Prince: There’s one other weird thread. There’s some indication that shows both the Butler shooter and this guy yesterday both appeared in BlackRock TV commercials. The statistical likelihood of that being random is impossible.

So that’s why I got animated last night about how Florida needs to take the lead in this investigation because I just don’t see the federal government. I don’t see the FBI doing any adequate job.

The Miami field office, the head agent there, was instructed to scrub all his social media before he was appointed there because he was so brilliantly anti-Trump. This is the same field office that rated Mar-a-Lago on that bogus documents case.

So if we think that they’re going to be suddenly truth-seeking, the same guys that indicted him on complete nonsense charges were kidding ourselves.

And, so I really want Florida to flex up and assert, I mean, look, this is attempted murder in the state of Florida. It’s not just a federal crime, that’s a state crime. And I think the feds have lost any and all credibility on this.

We don’t know anything more about the Butler shooter. The Dems have tried to, the media has just tried to memory hold that as if something that doesn’t exist.

And now we have two shooting attempts, two assassination attempts on the for President, unprecedented in American history.

These threads have to be unspiraled, unwound, and the truth must come out because the The Left with their over-the-top, vitriolic, super-toxic language saying, Trump must be eliminated. He’s a threat to democracy. He’s Hitler, Hitler, Hitler. That gives license to every crazy left wing nut job to try to go after him.

And this guy had his final firing position. He was there for 12 hours with the ballistic plates against the fence, trying to give himself some cover from counter snipers.

And he had his GoPro posted there, mounted, ready because he was trophy hunting. He was there to be the hero of the left to say, I kill Donald Trump. I am the savior of democracy.

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