
ArcLight Acquires 25% Stake in NGPL
ArcLight Capital Partners, LLC has announced that its managed fund has acquired a 25% interest in the Natural Gas Pipeline Company of America (NGPL), a critical natural gas infrastructure system. This acquisition increases ArcLight’s economic ownership to 62.5%, making it the largest owner, while Kinder Morgan, Inc. retains a 37.5% stake and continues to operate NGPL.
NGPL, one of the largest interstate pipeline systems in the U.S., spans nine states and serves vital power, heating, and liquefied natural gas (LNG) markets in Texas and Louisiana. With approximately 9,100 miles of pipeline, compressor stations totaling one million horsepower, and 288 billion cubic feet of storage, NGPL ensures reliable energy access from all major U.S. natural gas basins.
“We believe NGPL represents a strategic natural gas infrastructure asset that cannot be replicated today and that has significant opportunities to help utilities, LNG exporters, data center developers and hyper scalers meet their growing gas infrastructure needs,” added Lucius Taylor, partner at ArcLight.
Since 2001, ArcLight has owned, controlled, or operated nearly 65 GW of assets and 47,000 miles of electric and gas transmission infrastructure, with a combined $80 billion in enterprise value. Today, ArcLight manages one of the largest private power infrastructure portfolios in North America.
Terms of the transaction were not disclosed. Barclays Capital Inc. acted as financial advisor, while Latham & Watkins LLP served as legal counsel to ArcLight.