The Abu Dhabi Investment Authority(ADIA) invested $500 million in Alpha Gen, securing a minority stake in one of the largest US power infrastructure companies. This investment supports Alpha Gen’s expansive 11-gigawatt portfolio of independent power assets, which primarily includes natural gas and oil facilities. Alpha Gen operates 21 sites across California, Connecticut, Maryland, New Jersey, New York and Ohio.
Why This Matters
ADIA’s investment advances the US energy transformation as American firms work to meet rising power demands from AI data centers and industrial electrification. The deal will strengthen Alpha Gen’s ability to deliver reliable power to millions of Americans, create local jobs, drive economic growth and enhance energy security for communities across the country.
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