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Direct Investment  + Alternative Assets  + M&As  + Real Assets  | 
ArcLight Acquires 25% Stake in NGPL 

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. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.