ArcLight Closes Sixth Fund With $5.6 Billion In Commitments

Posted by NAW Staff on July 29, 2015 No Comments
Categories : FYI

14463_thinkstockphotos-469544675 ArcLight Closes Sixth Fund With $5.6 Billion In Commitments ArcLight Capital Partners has financially closed its latest fund, ArcLight Energy Partners Fund VI.

The fund closed with $5.575 billion in commitments, exceeding its $4 billion target and initial $5 billion hard cap. ArcLight's previous fund closed in 2011 with $3.3 billion of commitments. ArcLight has now raised over $15 billion globally since the firm was founded in 2001.

‘The North American energy market is experiencing a once-in-a-generation transformation that is bringing unprecedented change across the entire energy complex,’ says Daniel Revers, ArcLight's managing partner and co-founder. ‘We believe the insights, networks, and resources we've developed over the past 15 years across diverse market cycles will help ArcLight Fund VI take advantage of a particularly exciting and complex environment.’

Earlier this month, an ArcLight affiliate business purchased Infigen's U.S. wind business for $272.5 million.

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