Ballard Power Systems Acquires Arcola Energy

ArcLight Capital Partners Acquires Advanced Power

July 24, 2025

Energy

ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.

Arcadia Acquires RPD Energy

February 10, 2025

Renewable Energy

Arcadia, the global utility data and energy solutions platform, has acquired RPD Energy (Renewable Power Direct) to expand its Enterprise Energy Procurement Advisory offerings. The acquisition brings RPD’s renewable procurement structuring, analytics, and 24/7 carbon-free energy capabilities into Arcadia’s platform; RPD EVP Rohit Marwaha will lead Arcadia’s onsite and offsite procurement advisory offerings.

ArcLight Clean Transition Corp. II Completes Business Combination with OPAL Fuels

July 21, 2022

Renewable Energy

ArcLight Clean Transition Corp. II completed its business combination with OPAL Fuels, creating OPAL Fuels Inc. and listing the combined company on Nasdaq under ticker OPAL. The transaction provides OPAL with public-market access and capital to accelerate expansion of its renewable natural gas (RNG) production projects and network of RNG and hydrogen fueling stations for heavy- and medium-duty trucking fleets.

Hydrasun (SCF-backed) Acquires Fuel Cell Systems Ltd.

September 28, 2022

Renewable Energy

Hydrasun, backed by SCF Partners, has acquired Fuel Cell Systems Ltd., a UK provider of hydrogen systems including fuel cells, modular electrolyzers, compression, storage and refueling systems. The acquisition expands Hydrasun's hydrogen systems capabilities and proprietary technology with plans to scale manufacturing, recruit staff and accelerate R&D.

Arcline Investment Management Acquires Onboard Systems International

October 12, 2021

Aerospace & Defense

Arcline Investment Management, a growth-oriented private equity firm, has acquired Onboard Systems International from Liberty Hall Capital Partners. The acquisition expands Arcline's portfolio in mission-critical electromechanical systems for aerospace and defense, adding a designer, manufacturer, and servicer of external cargo equipment for military and civil helicopters headquartered in Vancouver, Washington.

Generate Capital Acquires esVolta to Expand Battery Storage and Grid Resilience

July 21, 2022

Energy

Generate Capital has acquired utility-scale battery storage developer esVolta LP, adding a portfolio of more than 900 MWh of operational and contracted projects and a pipeline across multiple U.S. states and Canada. The deal gives Generate entry into the front-of-the-meter battery storage market to expand its grid-connected storage capabilities and accelerate deployment of energy storage projects for utilities and offtakers.