ARC Financial Completes Strategic Investment in TERIC Power

FIC Partners Acquires Perfect Power and Jaguar Energy Center Platform

August 4, 2026

Energy

FIC Partners Management acquired Perfect Power, the developer, owner, and operator of the Jaguar Energy Center in Texas. The platform combines grid-connected battery energy storage with solar generation and targets up to 1.15 GW of planned capacity across about 4,500 acres.

Shell Acquires ARC Resources Ltd.

April 27, 2026

Oil & Gas

Shell plc agreed to acquire all outstanding shares of ARC Resources Ltd. in a cash-and-share transaction announced on April 27, 2026, with an enterprise value initially estimated at approximately US$16.4 billion. The acquisition closed on September 2, 2026, adding ARC’s Montney oil and gas production and reserves to Shell’s Canadian portfolio and supporting its production growth and integrated LNG strategy.

ARC Energy Fund 8 Take-Privates STEP Energy Services Ltd. for $5.50 Per Share

December 16, 2025

Industrial Services

STEP Energy Services Ltd. agreed to be taken private in an all-cash $5.50 per share transaction led by funds advised by ARC Financial Corp. The arrangement was implemented via a plan of arrangement under Alberta law and was completed on December 16, 2025.

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.

Battery Ventures Makes Significant Growth Investment in ORTEC

January 16, 2024

Data & Analytics

Battery Ventures has made a significant growth investment in ORTEC, a Netherlands-based provider of decision-support software and data-science services, to accelerate ORTEC’s product and geographic expansion. The partnership will support ORTEC’s reorganization into three divisions (logistics & routing, workforce management, and data science & consulting) and strengthen its presence in the US and Europe; ORTEC founders remain on the board.

SER Capital Partners Acquires HGP's Texas Battery Storage Projects

October 22, 2020

Renewable Energy

SER Capital Partners acquired three project companies from Texas-based developer HGP in September 2020 to deploy battery storage projects across Texas. As part of the investment SER entered a strategic equipment arrangement with LG Chem and committed approximately $70 million of equity to support deployment and grid resiliency efforts.