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ArcLight-backed SkyVest completed the acquisition of a 160 MW operating wind farm.

Synopsis

ArcLight-backed SkyVest, a provider of renewable wind and solar infrastructure, completed the acquisition of a 160 MW operating wind farm. Financial terms were not disclosed. "ArcLight has a deep history of investing in renewables dating back to our first fund, focused on bringing operating excellence, innovation, power expertise, and brownfield development skills to drive value and mitigate risk. SkyVest augments our existing in-house capabilities to implement these value-added levers. We see a growing opportunity to capitalize on this strategy with a continued disciplined and highly selective investment approach," Dan Revers, ArcLight Managing Partner.

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