Announced
Synopsis
Partners Group, a global private markets investment manager that focuses on private equity, real estate, debt, and private infrastructure, as well as manages investment programs and portfolios for institutional investors, agreed to acquire Life Cycle Power, a provider of energy services intended to serve the oil and gas sector, utilities, data centers, and industrial applications, from Arroyo Investors, an independent investment manager with an investment focus on infrastructure projects in North America and Chile. Financial terms are not disclosed. "At Life Cycle Power, our mission is to deliver immediate and scalable power solutions tailored for various locations and diverse industries. As average interconnection queues continue to rise in most markets, our innovative turbine fleet is ready to partner with facilities that need power in the near term. We look forward to working with Partners Group and leveraging the firm's extensive experience building power platforms to expand our offering," Thomas Riggs, Life Cycle Power Chief Executive Officer.
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