Liberty Mutual Investments, Ara Partners Form Strategic Energy & Infra Alliance

Liberty Mutual Investments (LMI) and Ara Partners have announced a new cross-platform partnership, including a strategic capital commitment from LMI to support Ara’s Energy and Infrastructure strategies. 

Ara focuses on decarbonizing and strengthening the resiliency of industrial and energy value chains. Its infrastructure strategy, launched in 2022, targets new-build infrastructure and the repurposing of legacy assets essential to a lower-carbon economy. The firm introduced Ara Energy in 2024 to acquire, optimize and, where economically attractive, decarbonize energy businesses across North America and Europe. 

The partnership will span both existing and future investments, including JET’s fuel retail network in Germany and Austria; Centric Fiber’s fiber-to-the-home platform across major U.S. growth markets; natural gas-fired combined-cycle power assets in Northeast wholesale markets; ethanol production facilities with carbon capture initiatives; and an anchor investment in Ara Energy Fund I. 

“We believe Ara Partners is well-positioned to continue capitalizing on opportunities amidst rising global energy demand,” said Charley Poole, Head of Energy & Infrastructure at Liberty Mutual Investments. 

George Yong, Partner and Co-Head of Ara Infrastructure, emphasized the complementary strengths of the two firms. “By combining Ara’s builder skillset with LMI’s broad reach across North America’s industrial, real estate, and infrastructure ecosystem, we see a significant opportunity to unlock value and accelerate growth,” he said. 

The alliance reflects LMI’s continued expansion of its Energy & Infrastructure platform into new sectors and partnership structures. LMI invests more than $117 billion of long-term capital globally on behalf of Liberty Mutual Group.