ARCLIGHT ACQUIRES INTEREST IN NATURAL GAS PIPELINE COMPANY OF AMERICA, ONE OF THE LARGEST NATURAL GAS INFRASTRUCTURE ASSETS IN NORTH AMERICA

Core Insights - ArcLight Capital Partners has acquired a 25% interest in Natural Gas Pipeline Company of America (NGPL), making it the largest owner with a 62.5% economic ownership interest alongside Kinder Morgan, which holds a 37.5% interest [1][3] Company Overview - NGPL is one of the largest interstate pipeline systems in the U.S., covering nine states with approximately 9,100 miles of pipeline, 1 million horsepower in compressor stations, and 288 billion cubic feet of storage capacity [2] - Kinder Morgan is a major energy infrastructure company in North America, operating around 79,000 miles of pipelines and over 700 billion cubic feet of working natural gas storage capacity [6] Strategic Importance - The U.S. is experiencing historic power demand growth driven by electrification and AI, necessitating critical infrastructure like NGPL to meet these demands [3] - NGPL is positioned to support utilities, LNG exporters, and data center developers in addressing their growing gas infrastructure needs [3] Investment Background - ArcLight has a history of investing in critical gas infrastructure since 2001, having owned or operated over 65 GW of assets and 47,000 miles of electric and gas transmission infrastructure, representing an enterprise value of $80 billion [3][5] - The acquisition reflects ArcLight's operational expertise and its commitment to being a value-added partner in the energy infrastructure sector [3]