ArcLight Capital Partners, LLC (together with its subsidiaries) announced that its portfolio company, Sequitur Renewables, LLC (“Sequitur”), has acquired an operating wind farm in the Altamont Pass area of California. Sequitur was formed by ArcLight in 2022 with the acquisition of operating wind farms in Pennsylvania and West Virginia.
Focus on safety and profitability
Sequitur focuses on acquiring mature operational wind farms and implementing value-added operational, commercial and financial strategies. “Sequitur is pleased to complete another acquisition of an operating wind farm. We continue to evaluate other opportunities across the country to grow the platform while maintaining our focus on safety and profitability,” said Matt McCabe, Sequitur’s CEO. “ArcLight is excited to contribute to the Sequitur platform and help with its mission to deliver more carbon-free energy to markets from existing wind resources,” said Carter Ward, partner at ArcLight. Milbank acted as legal counsel in this transaction for ArcLight.
ArcLight Capital Partners, LLC is an experienced, value-added infrastructure investment firm specializing in middle markets. Founded in 2001, ArcLight helped establish infrastructure as an asset class by pioneering an asset-based private equity approach to investing in infrastructure, and has since built an experienced and successful investment platform. Based in Boston, ArcLight’s investment team takes a value-added, operations-based approach to investing that benefits from dedicated in-house technical, operational and business specialists, as well as the company’s approximately 1,800-person asset management operating partner.
