ArcLight Capital Partners has made a significant move in North America’s energy landscape with its acquisition of Advanced Power, a leading power infrastructure developer. This bold partnership and investment aim to accelerate the region’s capacity for modern, sustainable power, especially for AI and data center growth over the next five years.
ArcLight Capital Partners to Invest Billions in Power Infrastructure
ArcLight Capital Partners announced an initial $1 billion equity commitment to build new power infrastructure. Looking forward, the total investment could exceed $5 billion over five years. This injection of capital aims to help enable more than 20 gigawatts (GW) of new power generation capability. The effort is expected to address North America’s growing electricity needs and support the goals of increased grid reliability and sustainability.
Advanced Power Acquisition Boosts AI and Data Center Growth
By acquiring Advanced Power, ArcLight merges its significant operational portfolio with Advanced Power’s pipeline of late-stage projects. Advanced Power currently manages over 12 GW of power projects and 10 GWh of energy storage across the U.S. These assets are essential for supporting the rapid expansion of AI and data center infrastructure, providing enough reliable power for more than 20 large-scale data campuses. The partnership leverages both companies’ expertise, offering innovative solutions to utilities, data center developers, and hyperscalers.
Strategic Partnership to Accelerate North American Energy Expansion
The partnership is strategically positioned to lead the charge in expanding low-carbon power solutions. With over 20 GW of advanced generation capacity ready for development, ArcLight and Advanced Power’s combined development portfolio becomes one of the largest in the U.S. The collaboration aims to create up to 80,000 jobs in the next five years, including thousands of permanent positions. Their approach not only targets energy demand but also strengthens grid resilience at federal and state levels.
In summary, ArcLight Capital Partners’ acquisition of Advanced Power and robust investment plan mark a pivotal step for North America’s energy sector. The partnership directly addresses the urgent need for scalable, sustainable power infrastructure, especially as AI and data center demands soar. With billions committed and a vision for growth and job creation, ArcLight and Advanced Power are shaping the future of the continent’s energy capabilities.
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