Arclight Expands Infrastructure Platform with $3.9B Fundraise

ArcLight Capital Partners has closed its eighth value-added infrastructure fund at $3.9 billion, exceeding its $3 billion target and bringing total capital raised across its platform to more than $6 billion over the past 24 months. 

The oversubscribed ArcLight Infrastructure Partners Fund VIII will focus on investments across power, energy and digital infrastructure, building on the firm’s long-standing strategy of acquiring, developing and operating critical assets. 

“The ability to build, connect and operate critical infrastructure is becoming increasingly important to creating long-term alpha,” said Angelo Acconcia. “Over the last five years, ArcLight has significantly reinvested in and expanded the firm’s infrastructure, team and resources to enable its continued evolution of leading with capability, expertise and partnership to create value.” 

Since 2001, ArcLight has owned, controlled and operated approximately 70 gigawatts of power generation capacity and 48,000 miles of electric and gas transmission infrastructure, representing more than $80 billion in enterprise value. 

The firm has also expanded its operating platform through partnerships with specialized teams, including AlphaGen, Advanced Power, Elevate, SkyVest, Anchor Point and Takanock, spanning thermal generation, battery storage, renewables and transmission development. 

Kirkland & Ellis LLP served as legal counsel for the Fund.