Vision Ridge-backed Earthrise Energy completed the acquisition of the Lincoln Generating Facility and Crete Energy Venture from ArcLight Capital Partners.

Vision Ridge-backed Earthrise Energy, an independent power producer, completed the acquisition of the natural gas plants Lincoln Generating Facility and Crete Energy Venture, from ArcLight Capital Partners, a private equity firm. Financial terms were not disclosed. “We are excited to add these facilities to our growing energy portfolio and expand our presence into a new market. These plants complement our existing assets and allow us to advance a clean energy future where power is reliable, resilient, and renewable. Already, we have begun work developing renewable energy projects with the goal of building long-term businesses in the communities we serve," Carla Tully, Earthrise Energy Co-Founder and CEO.