Infrastructure Investments Fund Acquires Enstor Gas from ArcLight

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.

Infrastructure Investments Fund (IIF) Acquires GETEC from EQT Infrastructure and GEH

November 19, 2021

Energy

Infrastructure Investments Fund (IIF), an investment vehicle advised by J.P. Morgan Investment Management, agreed to acquire G+E GETEC Holding GmbH (GETEC) from EQT Infrastructure III fund and GETEC Energie Holding (GEH). GETEC, headquartered in Magdeburg, Germany, operates over 11,500 energy generation assets across nine European countries with more than 5.2 GWth capacity and ~2,200 employees; the deal is expected to close by end of Q1 2022 subject to regulatory approvals as IIF seeks to support GETEC's continued growth and decarbonization efforts.

Enstor Acquires Black Bear Transmission from Basalt Infrastructure Partners

November 12, 2025

Energy

Enstor Pipeline Holdings, an affiliate of Enstor Gas, LLC, has completed the acquisition of Black Bear Transmission Opco, LLC from funds advised by Basalt Infrastructure Partners. The deal expands Enstor’s natural gas transmission footprint across the Southeastern United States, adding ~1,700 miles of pipeline and 2.6 Bcf/d of capacity to its existing assets.

ICG Invests €400 Million in Enfinity Global

September 6, 2023

Renewable Energy

ICG's Infrastructure team (ICG Infra) will make a €400 million equity investment in Enfinity Global to bolster the company's balance sheet and accelerate completion of its 17 GW renewable energy portfolio, including 7.3 GW of energy storage. The capital will support near-term growth, project execution and long-term operations across Enfinity's global portfolio while ICG works with management to support organic and inorganic expansion.

IFM Net Zero Infrastructure Fund Acquires Majority Interest in GreenGasUSA

January 30, 2023

Energy

IFM Net Zero Infrastructure Fund (part of IFM Investors) has signed a definitive agreement to acquire a majority interest in GreenGasUSA, a Charleston-based developer, owner and operator of renewable natural gas (RNG) projects. The investment, NZIF's first in the low carbon fuels sector, will provide capital to expand GreenGas's footprint of RNG projects and support long-term growth while the company's founder and CEO Marc Fetten remains in place.