ArcLight Capital Partners related stories
All articles and analysis
- ArcLight sells power plants to GE and GIC
The portfolio consists of five natural-gas fired plants in Georgia that together can generate up to 2500 megawatts of power. GE Energy Financial Services acted as the lead lender when ArcLight acquired one of the plants this summer.
- Cube acquires French energy producer
The €1.1bn infrastructure fund has acquired independent energy producer Neolectra’s French assets from ArcLight Capital. Neolectra has close to 40 assets throughout France, including district heating plants, gas distribution networks and renewable and fossil fuel power generation plants.
- ArcLight fundraise hits uncertainties
The Boston-based energy firm has been targeting $3bn for its fifth fund, which launched last year, but is switching placement agents.
- GIP-backed wind farm closes $1.2bn financing
The money will enable the Alta Wind Energy Center in California to go forward with the next four phases of its development. The financing may also give Global Infrastructure Partners the opportunity to convert its preferred equity in the wind farm developer, Terra-Gen Power, into common equity.
- GIP makes first renewables investment
The infrastructure fund will take a 40% preferred equity interest an an ArcLight-backed owner and developer of renewable power plants – a structure that will help the firm avoid greenfield risk and give it access to an operational portfolio of wind, solar and geothermal power assets.
- Texas universities in $250m secondary sale
The investment management company for University of Texas and Texas A&M Systems has sold its interests in 14 funds after unsuccessfully shopping 25 funds last year.
- Third ArcLight fund gets off the ground
ArcLight Capital Partners has already amassed $629m in limited partner commitments. The Boston energy specialist is seeking as much as $2.25bn.
- Lime Rock closes Fund V on $1.4bn
The energy-focussed private equity firm has nearly doubled the size of its previous fund in a three month period that involved ‘very little proactive marketing’.
- 3i and ArcLight back oil and gas company
ArcLight Capital Partners has joined 3i’s growth capital division in the latest funding round for UK listed Venture Production, as buyout firms continue to target the oil and gas sector.
- 3i, Arclight-backed oil and gas company bolts on explorer
Venture Production has acquired troubled oil and gas exploration company Wham, shortly after receiving a growth capital investment from FTSE-listed 3i and electric industry specialist Arclight Capital Partners.