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Announced

ADIA to invest $500m in AlphaGen.

Synopsis

ADIA, a sovereign wealth fund owned by the Emirate of Abu Dhabi, agreed to invest $500m in AlphaGen, a critical power infrastructure owner and operator. "ArcLight is excited to expand its existing relationship with ADIA through this partnership, which will help catalyze the future growth and value of the AlphaGen portfolio and take advantage of the significant market opportunity we see associated with the secular and systemic growth in power demand and related infrastructure," Angelo Acconcia, ArcLight Partner.

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