ArcLight Capital Partners completed the acquisition of NRG Energy's 4.85 GW fossil generating assets in East and West regions for $760m.

ArcLight Capital Partners, a a private equity firm, completed the acquisition of NRG Energy's 4.85 GW fossil generating assets in East and West regions for $760m. "Generation Bridge complements the ongoing energy transition by providing dispatchable generation and will serve as a platform for the development of additional renewable energy resources. ArcLight remains highly focused on investments supporting the ongoing energy transition, including through its substantial experience in renewable energy, battery storage, and its recently announced 73 MW solar acquisition within our Infinigen renewables platform," Dan Revers, ArcLight Capital Founder and Managing Partner.