ArcLight Enhances Leadership by Appointing Angelo Acconcia
ArcLight Capital Partners Welcomes New Leadership
Private Equity and Energy Industry Veteran to Oversee Firm's Investment Management
ArcLight Capital Partners, LLC has announced the appointment of Angelo Acconcia as President. This move represents a significant strategic enhancement for the firm, enhancing its leadership in the infrastructure investment space.
Acconcia's Journey to ArcLight
Angelo Acconcia, a veteran in the private equity and energy sectors, joined ArcLight in 2022. Previously, he held a critical role at Blackstone, where over 17 years, he made significant contributions as Senior Managing Director in their private equity group and played a pivotal role as a founding partner of Blackstone Energy Partners. Acconcia’s vast expertise is expected to steer the firm’s operational and investment strategies to new heights.
The Vision Ahead
With his promotion to President, Acconcia will guide the firm's investment, fundraising, and operational activities. Dan Revers, the Founder and Managing Partner of ArcLight, will continue to direct the firm’s investment strategy. In a statement, Revers expressed enthusiasm about Acconcia’s contributions thus far and his excitement for the future of the firm. He noted, "Angelo has infused our team with energy, risk management expertise, and leadership qualities that align with our vision for infrastructure investing."
Opportunity in Infrastructure
Acconcia highlighted ArcLight’s long history of innovation in electric infrastructure since its founding in 2001. "I am honored to help drive value and results for our partners," he stated, emphasizing the firm’s strategic focus and commitment to capitalizing on the opportunities in infrastructure. He noted the firm's unique capabilities make it well-positioned to address the rising demand for electric infrastructure solutions, especially with the growing needs in AI and data centers.
ArcLight's Track Record
Since its inception, ArcLight has owned or controlled approximately 65 GW of assets and around 47,000 miles of electric and gas transmission infrastructure. The firm's operations represent an impressive enterprise value exceeding $80 billion. Their seasoned team and robust technical resources support their strategic objectives and ensure they remain at the forefront of electric infrastructure investment.
About ArcLight Capital Partners
ArcLight Capital Partners is a distinguished infrastructure investor focused on essential electrification infrastructure since 2001. The firm manages a substantial portfolio, operating in diverse sectors, including power, renewable energy, and natural gas transmission. ArcLight's operational investment strategy is supported by a strong in-house team of strategic, operational, and technical experts, bolstering its commitment to excel in the evolving infrastructure landscape. For more information about their operations and investment approach, please visit www.arclight.com.
Frequently Asked Questions
Who is Angelo Acconcia?
Angelo Acconcia is the newly appointed President of ArcLight Capital Partners, responsible for overseeing the firm's investment and operational activities.
What did Acconcia do before joining ArcLight?
Before his role at ArcLight, Acconcia served as a Senior Managing Director at Blackstone for 17 years, where he was a founding partner of Blackstone Energy Partners.
What are ArcLight's core investment areas?
ArcLight focuses on critical electrification infrastructure, including power, solar, wind, and gas transmission and storage.
How long has ArcLight been in operation?
ArcLight Capital Partners has been investing in infrastructure since its founding in 2001, accumulating a significant portfolio over the years.
What is the significance of this leadership change?
The appointment of Angelo Acconcia as President signifies ArcLight's commitment to enhance its leadership and strategic direction in the infrastructure investment sector.
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