ArcLight Capital Partners completed the acquisition of Advanced Power.

ArcLight Capital Partners, a private equity firm, completed the acquisition of Advanced Power, a power developer and manager. Financial terms were not disclosed. "Advanced Power has a long development history and is committed to bringing safe, reliable power infrastructure to communities, while creating value for those associated with our projects. Finding a partner and investor aligned with these core principles was imperative, and ArcLight shares decades of complementary expertise built on strong relationships. These combined resources and deep connections throughout the energy sector enable us to deliver large-scale power solutions to markets, utilities, data center developers, and hyperscalers," Tom Spang, Advanced Power CEO.