ArcLight Capital Partners LLC recently launched its Infinigen Renewables platform with a $400 million capital commitment continuing the firm’s deep track record in investing in businesses and assets that contribute to a decarbonized future, ArcLight Managing Partner and Founder Dan Revers said.

“Over its 20-year history, ArcLight has invested over $4 billion in 5 GW of renewable assets, and this transaction is testament to our continued commitment to enabling decarbonization and sustainability,” Revers commented in a release by the firm on Dec. 16.

Founded in 2001, ArcLight closed its first renewable power deal in 2003 and has since then invested over $4 billion in renewable power transactions. The Boston-based firm, one of the leading energy infrastructure private-equity providers in the sector, believes its two decades of power and renewables track record along with its experience across the entire energy value chain provides it with differentiated insights that will help the firm and its partners contribute to a net-zero future.

According to the release, the Infinigen team will leverage ArcLight’s experience and reach across the renewables and power space to grow its presence across North America, Central America and the Caribbean. As an initial foundation of the platform, Infinigen has completed an acquisition of two operating solar PV plants in Puerto Rico—Oriana and Horizon—totalling 73.2 MW plus multiple development opportunities, in partnership with Helios Alternative Energy.

“This transaction represents the first acquisition by our Infinigen platform—an attractive opportunity to back the premier renewable asset owner, operator and developer in Puerto Rico,” Revers added in the release. 

With the launching of the Infinigen platform, ArcLight said it also looks to continue investing in renewables platforms, including:

  • Leeward Renewable Energy: Developer, owner and operator of wind projects in the United States across 19 operating projects with a total installed capacity of 1.7 GW at the time of exit;
  • Terra-Gen Power: Developer, owner and operator of wind, solar and geothermal projects in the U.S. with a total installed capacity of more than 2 GW at the time of exit; and
  • Great River Hydro: The largest owner and operator of hydroelectric plants in New England, with 584 MW of operating hydroelectric assets.

ArcLight has invested approximately $25 billion in 113 transactions since inception, its release said.

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