ArcLight Acquires 25% Interest in Natural Gas Pipeline Company of America (NGPL)
May 13, 2025
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.
- Targets
- Natural Gas Pipeline Company of America (NGPL)
- Industry
- Energy
- Location
- Texas, United States
- Transaction Type
- Buyout
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