ArcLight Capital Partners is committing $1 billion of equity to the launch of Anchor Point Transmission, an independent transmission company that will develop, finance, own and operate high-voltage transmission infrastructure across the United States.
As rapid load growth from electrification, manufacturing and artificial intelligence compute drives unprecedented need for transmission infrastructure investment, Anchor Point Transmission is being created to address the critical challenges facing the U.S. power grid. The company will partner with utilities to help enable, develop and accelerate the high-voltage transmission infrastructure needed to support that growth.
“Utilities face a record need for transmission investment while managing affordability, reliability and increasingly complex planning needs,” said Justin Campbell, president of Anchor Point. “Anchor Point was built to be a flexible, value-added long-term partner, bringing development, deep planning a
