MTN Capital Partners and Argosy Private Equity Acquire Global Power Products

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.

American Gridwork Partners Acquires PMT Site

November 8, 2025

Infrastructure

American Gridwork Partners (AGP), a Legacy Holdings vehicle, has acquired PMT Site, a Nashville-based underground utility and site infrastructure contractor. PMT Site will remain led by founder Phil Terhaar and operate with local autonomy while gaining access to AGP's national platform, shared resources, and growth capital as AGP builds a networked delivery platform for grid modernization.

Global Infrastructure Partners Acquires Atlas Renewable Energy from Actis

October 11, 2022

Energy

Global Infrastructure Partners (GIP) has completed the acquisition of Atlas Renewable Energy from Actis. Atlas is a leading Latin American renewables developer with 14 fully contracted solar assets (2.3 GW) across Brazil, Chile, Mexico and Uruguay; GIP said the deal expands its renewables platform and regional presence.

Gainline Capital Partners Acquires Majority Interest in Flagship Power

April 19, 2023

Utilities

Gainline Capital Partners has purchased a majority interest in Flagship Power, a Texas-based retail electricity provider founded by Utility Rescue Holdings. Utility Rescue remains a significant shareholder and Flagship’s management team will stay in place as Gainline supports growth and the launch of new services such as "Flagship PLUS."

CES Power Acquires Global Power Systems

January 3, 2023

Industrial Services

CES Power, a portfolio company backed by Allied Industrial Partners, acquired Global Power Systems, a provider of mobile power generation and temperature control services operating in Louisiana, Georgia and North Carolina. The add-on expands CES Power's presence in the Southeast and strengthens its position in the studio power and HVAC space for the film and television industry.

Ridgemont Equity Partners Recapitalizes National Power

October 25, 2023

Infrastructure

Ridgemont Equity Partners led a recapitalization of National Power, LLC to support the company's growth and M&A strategy. Financing for the transaction was provided by Churchill Asset Management and Oaktree Capital Management's U.S. Private Debt Group; financial terms were not disclosed.