ArcLight Capital Partners
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GasPrivate Equity Firm Moves to Secure Ohio Gas Power Plant as Demand for Firm Power Rallies
Private equity firm ArcLight Capital Partners has entered into definitive agreements to acquire 100% of the economic interests in the 484-MW Middletown Energy Center, a combined cycle natural gas power plant in Butler County, Ohio. The firm said on July 10 that the acquisition—structured through a series of transactions with a consortium of sellers—adds a […]
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Press Releases
LS Power to Acquire Natural Gas Power Plant From ArcLight Capital Partners
NEW YORK, New York (June 23, 2022) — LS Power today announced that it has reached an agreement with an affiliate of ArcLight Capital Partners, LLC to acquire the Rolling Hills natural gas-fired power plant in Wilkesville, Ohio. The 835-megawatt facility consists of five simple cycle “peaking” units located in the PJM Interconnection. The transaction is […]
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RenewablesTwo Deals Shake Up Northeastern Power Landscape
TransCanada—a leading North American energy company—has struck deals to sell its U.S. Northeast Power business. LS Power will acquire three principally natural gas–fired power plants and a wind farm from TransCanada, while ArcLight Capital Partners will buy 13 hydropower facilities located in Vermont, New Hampshire, and Massachusetts. “The sale of our merchant U.S. Northeast Power […]