Mars Equity Partners Makes Strategic Investment in NewGen Energy (A2B Development)

Masdar Acquires 50% Stake in Terra‑Gen from Energy Capital Partners

October 1, 2024

Energy

Abu Dhabi Future Energy Company PJSC (Masdar) has closed the acquisition of a 50% stake in Terra‑Gen Power Holdings II, LLC from Energy Capital Partners, with Igneo Infrastructure Partners retaining the remaining 50%. The deal strengthens Masdar’s U.S. platform—Terra‑Gen operates ~3.8 GW of wind, solar and battery storage (5.1 GWh) across ~30 sites and has a 12+ GW pipeline—supporting Masdar’s U.S. expansion and broader 100 GW global target by 2030.

Mars Energy / Mars Equity Partners Acquires K12 Energy (K12 Solar)

September 13, 2023

Renewable Energy

Mars Equity Partners and affiliated Mars Energy Group (via platform NewGen Energy) have acquired K12 Energy (also referred to as K12 Solar), a El Dorado Hills, California provider of commercial solar solutions and Power Purchase Agreement (PPA) financing for nonprofits, schools and small commercial customers. The deal integrates K12 into Mars Energy's portfolio to expand commercial solar capabilities and nonprofit/school PPA expertise as an add-on to the group's NewGen Energy platform.

Ara Partners Acquires Genera Energy Inc.

June 22, 2022

Packaging

Ara Partners, a private equity firm focused on industrial decarbonization, has acquired Genera Energy Inc., a U.S.-based manufacturer of non-wood agricultural pulp and molded fiber packaging. Ara committed up to an additional $200 million to expand Genera's manufacturing footprint and capacity in the U.S.; Genera's previous owners (WindSail Capital Group, Coppermine Capital and Stairway Capital) will retain minority stakes.

Newlight Partners LP Makes $106M Growth Investment in Bioenergy DevCo

August 8, 2019

Renewable Energy

Bioenergy DevCo, a developer and operator of anaerobic digestion facilities, received a $106 million minority growth investment from Newlight Partners LP. The capital will be used to expand Bioenergy DevCo's operational footprint across North America to build and operate additional renewable natural gas and organics-recycling facilities.

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.

Ampersand Capital Partners Leads $18.5M Growth Investment in Genezen

November 2, 2023

Biotechnology

Genezen closed an $18.5 million follow-on growth equity financing led by Ampersand Capital Partners to accelerate expansion of its viral vector development and GMP manufacturing capabilities. The capital will support build-out and technology investments at Genezen's facilities (including the Fishers, Indiana GMP viral vector site) to scale retroviral, lentiviral and AAV vector production and support additional customer programs.