ArcLight Capital Partners Acquires Advanced Power

ArcLight Acquires Incremental 12.5% Stake in Natural Gas Pipeline Company of America (NGPL)

June 15, 2023

Energy

An affiliate of ArcLight Capital Partners acquired an incremental 12.5% interest in Natural Gas Pipeline Company of America LLC (NGPL) from Brookfield Infrastructure, increasing ArcLight's ownership to 37.5%. Brookfield Infrastructure retains a 25% interest and Kinder Morgan continues to operate NGPL and hold a 37.5% stake. NGPL is a major interstate natural gas pipeline system that transports gas into the Chicago market and to LNG export facilities, supporting energy reliability and export growth.

ArcLight Acquires 25% Interest in Natural Gas Pipeline Company of America (NGPL)

May 13, 2025

Energy

ArcLight Capital Partners’ managed fund acquired a 25% interest in Natural Gas Pipeline Company of America (NGPL), resulting in ArcLight holding a 62.5% economic ownership stake while Kinder Morgan retains a 37.5% interest and continues to operate NGPL. NGPL is one of the largest U.S. interstate natural gas pipeline systems (≈9,100 miles, ~1 million horsepower of compression, 288 billion cubic feet of storage); terms were not disclosed. ArcLight cited rising power demand from electrification and AI and the asset’s ability to support utilities, LNG exporters and data centers as the strategic rationale.

ArcLight Capital Partners Acquires Pride Stores

January 26, 2022

Retail

ArcLight Capital Partners has acquired Pride Stores, a 31-location convenience store and gas station chain headquartered in Springfield, Massachusetts. Capstone Partners advised Pride and owner Robert (Bob) Bolduc on the sale; ArcLight — an energy-focused private equity firm — plans to steward and grow the business while maintaining local operations and services.

Advanced Energy Completes Acquisition of SL Power Electronics

April 25, 2022

Manufacturing

Advanced Energy Industries, Inc. has completed its acquisition of SL Power Electronics Corporation from Steel Partners Holdings L.P., expanding Advanced Energy's product portfolio in industrial and medical power solutions. The deal is expected to be accretive to earnings, generate cost synergies, and broaden Advanced Energy's addressable market by more than $400 million.

LS Power Acquires Algonquin Power & Utilities' Renewable Energy Business

January 8, 2025

Energy

LS Power completed the acquisition of Algonquin Power & Utilities Corp.’s large-scale renewable energy business on January 8, 2025. LS Power created Clearlight Energy to operate the acquired ~3,000+ MW of operating wind, solar, battery and RNG assets, while its REV Renewables unit will acquire the remaining ~6,200 MW of development projects, expanding LS Power’s utility-scale renewables and storage footprint across the United States and Canada.

Energizer Holdings Acquires Advanced Power Solutions NV

May 2, 2025

Consumer Products

Energizer Holdings, Inc. completed the acquisition of Advanced Power Solutions NV (APS), a European manufacturer and marketer of AA and AAA Panasonic‑branded batteries. The deal adds APS's manufacturing facility in Gniezno, Poland and expands Energizer's footprint and manufacturing optionality across key European markets including Germany, the United Kingdom, Poland and Spain.