Partners Group, one of the largest firms in the global private markets industry, has agreed to acquire Life Cycle Power (LCP), a provider of turn-key mobile power generation solutions in the United States. The seller was an investment partnership controlled by Arroyo Investors, a Houston-based private equity firm.
Headquartered in Houston, LCP serves a broad range of end users, including data centers, utilities, energy companies, and large commercial and industrial enterprises. The company’s fleet of mobile units has a total capacity of 897 megawatts and can be run on multiple fuel sources, such as renewable natural gas. This fleet supports grid resiliency, helps customers maintain operations during unforeseen power outages, provides backup power to support primary sources and bridges power for transitional periods.
The company differentiates itself in the market by offering an extensive suite of additional services, such as site permits, site engineering, maintenanc