ArcLight Capital Partners Affiliate Acquires Clean Energy Future Lordstown

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.

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.

Victory Capital Acquires New Energy Capital Partners

September 13, 2021

Financial Services

Victory Capital Holdings, Inc. agreed to acquire 100% of New Energy Capital Partners (NEC), adding NEC as its 11th investment franchise and launching an alternative investments platform focused on clean energy infrastructure. NEC, a Hanover, New Hampshire–based alternative asset manager specializing in debt and equity investments in clean energy projects, will operate within Victory Capital's centralized operating and distribution infrastructure.

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 Capital Partners to Acquire InfraBridge’s 50% Stake in Invenergy AMPCI Thermal Power Portfolio

March 15, 2026

Energy

ArcLight Capital Partners has signed a definitive agreement to acquire InfraBridge’s 50% stake in Invenergy AMPCI Thermal Power (IATP), a jointly owned 5.4 GW contracted power portfolio across North America. The portfolio includes 11 combined-cycle power facilities in the United States and Canada, and Invenergy will retain its existing ownership stake and continue operating the assets.

Ardian Acquires Remaining Stake in Hill Top Energy Center

April 28, 2025

Energy

Ardian has acquired the remaining equity stake in Hill Top Energy Center, giving it 100% ownership and full operational control of the 620 MW combined-cycle gas turbine in western Pennsylvania. The asset sells capacity and energy into the PJM market and the transaction is Ardian Americas Infrastructure Fund V's first energy investment, intended to support long-term growth and reliable power supply for rising electricity demand.