ArcLight Capital Partners closed its latest infrastructure fund with $3.9 billion in commitments, exceeding its $3 billion target by roughly 30%.
Founder and managing partner Dan Revers tied the result to ArcLight’s long-running focus on power and energy-related infrastructure.
“Since the firm’s inception in 2001, ArcLight has maintained a strong and consistent focus on investing in electric power, renewables, strategic gas, and related infrastructure with a highly differentiated, value-added investment approach. As ArcLight celebrates its 25th year of investing, the successful close of Fund VIII underscores our differentiated approach, expanded capabilities and value proposition to its partners,” Revers said.
ArcLight Raises $6B Over 2 Years
According to ArcLight president and partner Angelo Acconcia, the firm has spent …
This post was originally published here
