ArcLight Capital Partners, LLC, a renowned infrastructure investor, has announced the appointment of Angelo Acconcia as the company’s president, effective immediately. Acconcia joined ArcLight in 2022 after working for Blackstone for 17 years as a senior managing director in the private equity department. Acconcia was also one of the original partners of Blackstone Energy Partners, the company’s energy fund.
As president, Angelo will more formally supervise investment, fundraising, and operational activities, continuing the leadership position he has taken on across the majority of ArcLight’s crucial functions since joining in 2022. Founder and Managing Partner Dan Revers will remain in charge of the company’s capital allocation and investment strategy.
“Since joining ArcLight, Angelo has brought an invaluable amount of energy, investment acumen, risk management, creativity, and strategic leadership to the firm,” Revers stated. “Over the last five years, Angelo, myself, and our team have made substantial investments across ArcLight, which are yielding significant benefits as the secular tailwinds of electrification and digital power are coming to define infrastructure investing. I’m thrilled about the company’s future and the many ways we can add value for our partners.”
“ArcLight has been a pioneer in electric infrastructure since its inception in 2001, when the firm’s DNA and architecture were designed to approach investing with a differentiated, value-added approach custom-built for electric infrastructure,” Acconcia stated. “I am honored and excited to take this next step and help lead ArcLight to drive value and results for our partners, protect the capital we are entrusted with, and leverage ArcLight’s unique ‘right to win’ to capitalize on the unprecedented opportunity we are seeing in infrastructure.”
Since 2001, ArcLight has owned, controlled, or operated approximately 65 gigawatts of assets and 47,000 miles of gas and electric transmission infrastructure, with an enterprise value of about $80 billion. ArcLight thinks it is in a good position to provide the electric infrastructure solutions needed by AI and data center power needs because of its extensive industry knowledge and internal operational and technical resources. ArcLight currently oversees one of North America’s biggest portfolios of private electricity infrastructure.
