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ArcLight buys InfraBridge's half of 5.4GW Invenergy power portfolio

The infrastructure investor bets that dispatchable gas plants will be needed to meet AI-driven electricity demand.

M&A News deals deskEnergy / Gas-fired power generation · United States, Canada, Americas12 Mar 2026

ArcLight Capital Partners agreed to acquire InfraBridge's 50% stake in Invenergy AMPCI Thermal Power, a North American portfolio of 11 power assets totalling about 5.4GW, the companies announced on 12 March.

Invenergy website: invenergy.com

Why ArcLight Capital Partners is buying Invenergy AMPCI Thermal Power (InfraBridge's 50% stake)

ArcLight president Angelo Acconcia said strategic power portfolios such as IATP would play an increasingly critical role in meeting demand driven by AI and electrification. ArcLight managing director Andrew Brannan said the portfolio provides significant low-cost contracted power across seven markets.

Deal terms and financing

Financial terms were not disclosed. Invenergy, North America's largest privately held independent power developer and operator, retains its existing ownership and operating role.

Regulatory approvals and timing

The transaction is subject to customary regulatory approvals and other closing conditions and is expected to close in the second half of 2026.

Market context

The portfolio includes Grays Harbor Energy Center in Washington, Nelson Energy Center in Illinois, Lackawanna Energy Center in Pennsylvania and St. Clair Energy Centre in Ontario. InfraBridge is the global infrastructure division of DigitalBridge Group.

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