ArcLight Capital Partners to acquire Kleen Energy Systems from Osaka Gas USA and Kyuden International.

ArcLight Capital Partners, a private equity firm that focuses on energy infrastructure investments, agreed to acquire Kleen Energy Systems, a 620 MW natural gas fired power generation asset, from Osaka Gas USA, a US-based energy company specializing in natural gas and power investments, and Kyuden International, a Japan-based energy company specializing in overseas investments and operations in power generation and infrastructure projects. Financial terms were not disclosed. ArcLight's acquisition of Kleen Power leverages its deep investment expertise across over 50 power investments since 2001, along with its ability to acquire strategic power infrastructure assets and utilize ArcLight's value added investment playbook and resources to enhance value and the ability to provide critical and reliable power," Angelo Acconcia, ArcLight Partner.