ArcLight Infrastructure Partners has launched SkyVest Renewables, an operating-focused renewables investment initiative, and announced the concurrent acquisition of a 160-megawatt operating wind farm.
SkyVest, which was formed by ArcLight to operate and optimize acquired assets, builds on ArcLight’s deep history in renewables and brings together an experienced, tenured team to provide transformational management and operational best practices for ArcLight’s investments in wind and solar infrastructure.
ArcLight is providing an initial $500 million capital commitment to the initiative and, as part of this, is concurrently closing on the acquisition of a 160-megawatt operating wind farm located in Texas’s Midland Basin, which reached commercial operations in 2020. SkyVest will leverage its internal expertise and ArcLight’s resources to drive a value-enhancing operational and commercialization strategy.
“ArcLight has a deep history of investing in renewab
