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ArcLight Capital Partners, LLC

Company Summary

Recent news

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  • 12/6/2021 - NRG Closes on 4.8-GW... (subscriber access)
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  • 5/19/2021 - U.S. Environmental... (subscriber access)

Company Transactions

Date: 12/31/2021
Type: Acquisition

NOTES:
NRG Energy signed a deal on 2/28/2021 to divest 4,850 MW in fossil fuel generation assets to ArcLight Capital Partners affiliate Generation Bridge. The assets being sold are located in the East and West regions of NRG's operations, and as part of the deal, they entered into a tolling agreement for the 866 MW Arthur Kill Plant in New York City through April 2025.
REGIONS:
  • NYISO
  • CAISO
  • ISO-NE
  • Date: 3/31/2021
    Type: Acquisition

    NOTES:
    Kinder Morgan and Brookfield Infrastructure Partners have reached a deal to sell off a 25% stake in the Natural Gas Pipeline Company of America to an ArcLight Capital Partners fund for $830 million. They will split the proceeds, while each retaining a 37.5% stake in the $5.2B pipeline.
    REGIONS:
  • Lower 48
  • Date: 7/23/2019
    Type: Acquisition

    NOTES:
    American Midstream Partners disclosed that their Board of Directors had received an unsolicited buyout offer from ArcLight Energy Partners Fund V. The offer included an offer to acquire all common units of the company which are not already owned by ArcLight in exchange for $6.10 per common units.
    REGIONS:
  • Permian Basin
  • Eagle Ford
  • East Texas/Louisiana
  • Bakken
  • Gulf Coast
  • Date: 3/31/2019
    Type: Acquisition

    NOTES:
    The deal includes the 22.3 Bcf Mississippi Hub Storage Facility and the 20.4 Bcf Bay Gas Storage Facility. Closing is expected in the first quarter of 2019.
    REGIONS:
  • Southeast
  • Date: 2/15/2019
    Type: Acquisition

    Date: 10/31/2018
    Type: Acquisition

    NOTES:
    Targa Resources have sold its refined products and crude oil storage and terminal facilities in Tacoma, WA and Baltimore, MD to an affiliate of ArcLight Capital Partners, LLC.
    REGIONS:
  • Northeast
  • West
  • Date: 8/2/2018
    Type: Acquisition

    NOTES:
    The deal includes legacy gathering & processing in Texas and Oklahoma, a long-haul NGL transmission system and the marketing and logistics business. On an asset level, the acquisition includes 11,900 miles of gas & NGL pipelines, 25 processing plants with >2 Bcf/d in capacity, 12 treating plants, an E/P fractionator and other liquids logistics assets.
    REGIONS:
  • South Central
  • Date: 12/30/2017
    Type: Acquisition

    NOTES:
    The JV will be anchored initially by the acquisition of two large-scale refined product terminals in Seattle, Washington and Portland, Oregon. The transaction is expected to close in late 2017, subject to customary approvals. TLP Management Services LLC, an ArcLight affiliate, will operate the terminals under a multi-year operating agreement.
    REGIONS:
  • West
  • Date: 10/30/2017
    Type: Acquisition

    NOTES:
    Acquisition of a 17% interest in the Destin Pipeline
    REGIONS:
  • Gulf of Mexico
  • Date: 9/29/2017
    Type: Acquisition

    NOTES:
    American Midstream reported that it has closed on the acquisition of another 15.5% equity interest in the Delta House FPSO Facility from ArcLight Capital Partners for $125.4 million. Upon closing, American Midstream owns a 35.7% interest in the facility while ArcLight holds a 23.3% stake.
    REGIONS:
  • Gulf of Mexico
  • Date: 9/14/2017
    Type: Acquisition

    NOTES:
    ArcLight Capital Partners announced today that one of its affiliates has acquired a 30% interest in the entity that owns the Olympic Pipeline from ARCO Midcon LLC, an affiliate of BP Pipelines (North America) Inc.
    REGIONS:
  • West
  • Date: 4/15/2017
    Type: Acquisition

    Date: 1/30/2017
    Type: Acquisition

    NOTES:
    American Electric Power (NYSE: AEP) has sale of four power plants totaling approximately 5,200 megawatts (MW) for approximately $2.17 billion to a newly formed joint venture of Blackstone (NYSE: BX) and ArcLight Capital Partners LLC (ArcLight).

    Date: 2/15/2016
    Type: Acquisition

    NOTES:
    In February 2016, ArcLight Energy Partners Fund VI indirectly acquired 100% of our general partner for $350 million in cash from NGL Energy Partners (NGL) TLP’s GP – holds 2% GP interest and 100% of IDRs (currently in “high-splits”).