Blackstone Infrastructure Strategies L.P.

CIK:0002030772|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - Blackstone Infrastructure Strategies (TE) L.P - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income
Dividend Income	$ 39,008	$ 21,580	$ 72,732	$ 21,580
Total Income	39,008	21,580	72,732	21,580
Expenses
Professional Fees	393	142	612	392
Total Expenses	532	3,761	3,281	5,907
Net Investment Income (Loss)	38,476	21,372	71,848	21,065
Net Change in Unrealized Gain (Loss) on Investment in the Aggregator	240,479	13,909	381,157	45,503
Net Increase in Net Assets Resulting from Operations	278,955	35,281	453,005	66,568
Blackstone Infrastructure Strategies (TE) L.P.
Income
Dividend Income	10,888	5,633	20,387	5,633
Total Income	10,888	5,633	20,387	5,633
Expenses
Professional Fees	122	25	162	75
Total Expenses	122	25	162	75
Net Investment Income (Loss) Before Provision for Taxes	10,766	5,608	20,225	5,558
Provision (Benefit) of Taxes	1,616	1,329	5,199	1,368
Net Investment Income (Loss)	9,150	4,279	15,026	4,190
Net Change in Unrealized Gain (Loss) on Investment in the Aggregator	67,703	3,709	107,334	12,080
Net Increase in Net Assets Resulting from Operations	$ 76,853	$ 7,988	$ 122,360	$ 16,270

Condensed Consolidated Statement of Cash Flows (Unaudited) - Blackstone Infrastructure Strategies (TE) L.P. - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Operating Activities
Net Increase in Net Assets Resulting from Operations	$ 453,005,000	$ 66,568,000
Adjustments to Reconcile Net Increase in Net Assets Resulting from Operations to Net Cash Provided by (Used in) Operating Activities
Net Change in Unrealized (Gain) Loss on Investment in BXINFRA U.S.	(381,157,000)	(45,503,000)
Investment in BXINFRA U.S.	(1,386,108,000)	(2,016,006,000)
Cash Flows Due to Changes in Operating Assets and Liabilities
Dividend Receivable	(10,567,000)	(15,944,000)
Due to Affiliates	144,000	2,000
Due from Affiliates	(259,000)	(10,000)
Net Cash Used in Operating Activities	(1,321,909,000)	(2,009,778,000)
Financing Activities
Proceeds from Issuance of Units	1,345,119,000	2,017,369,000
Payment for Servicing Fees	(5,528,000)	(1,425,000)
Distributions Paid in Cash	(30,323,000)	(5,637,000)
Redemption of Units	(2,515,000)	0
Net Cash Provided by Financing Activities	1,321,377,000	2,010,307,000
Cash and Cash Equivalents
Net Increase (Decrease)	(532,000)	529,000
Beginning of Period	1,063,000	100,000
End of Period	531,000	629,000
Supplemental Disclosure of Non-Cash Financing Activities
Accrued Servicing Fees	26,293,000	47,568,000
Distribution Reinvested	31,770,000	4,227,000
Distribution Payable	38,996,000	15,941,000
Redemptions Payable, Net of Early Redemption Deduction	9,335,000	205,000
Early Redemption Deduction Payable to BXINFRA U.S.	33,000	6,000
Blackstone Infrastructure Strategies (TE) L.P.
Operating Activities
Net Increase in Net Assets Resulting from Operations	122,360,000	16,270,000
Adjustments to Reconcile Net Increase in Net Assets Resulting from Operations to Net Cash Provided by (Used in) Operating Activities
Net Change in Unrealized (Gain) Loss on Investment in BXINFRA U.S.	(107,334,000)	(12,080,000)
Investment in BXINFRA U.S.	(375,953,000)	(530,884,000)
Proceeds from Investment in BXINFRA U.S.	221,000	0
Cash Flows Due to Changes in Operating Assets and Liabilities
Dividend Receivable	(2,861,000)	(4,195,000)
Accounts Payable, Accrued Expenses, and Other Liabilities	1,307,000	75,000
Due to Affiliates	353,000	68,000
Due from Affiliates	(1,000)	0
Deferred Tax Liabilities	5,084,000	1,246,000
Taxes Payable	(199,000)	53,000
Net Cash Used in Operating Activities	(357,023,000)	(529,447,000)
Financing Activities
Proceeds from Issuance of Units	362,064,000	531,485,000
Payment for Servicing Fees	(2,223,000)	(512,000)
Distributions Paid in Cash	(2,898,000)	(1,422,000)
Redemption of Units	(218,000)	0
Net Cash Provided by Financing Activities	356,725,000	529,551,000
Cash and Cash Equivalents
Net Increase (Decrease)	(298,000)	104,000
Beginning of Period	310,000	0
End of Period	12,000	104,000
Supplemental Disclosure of Cash Flows Information
Cash Paid for Income Taxes	314,000	0
Supplemental Disclosure of Non-Cash Financing Activities
Accrued Servicing Fees	12,156,000	17,977,000
Distribution Reinvested	12,811,000	1,152,000
Distribution Payable	9,527,000	4,020,000
Redemptions Payable, Net of Early Redemption Deduction	1,230,000	123,000
Early Redemption Deduction Payable to BXINFRA U.S.	$ 33,000	$ 6,000