ArcLight Clean Transition ACTCU = 1C + 1/2W


Prospectus 9/24/20


Trust = $10.00. In connection with the consummation of the Over-Allotment on September 29, 2020, an additional amount of $27.5 million ($10.00 per Unit), for a total of approximately $277.5 million, was placed in the Trust Account.

Upon the closing of the Initial Public Offering and the Private Placement on September 25, 2020, $250.0 million ($10.00 per Unit) of the net proceeds of the sale of the Units in the Initial Public Offering and the Private Placement were placed in a trust account.

Citigroup  - Barclays

ArcLight based in Boston

Our primary areas of focus include products, equipment, services and technologies enabling the continued decarbonization of the economy. We plan to target companies that serve rapidly growing segments in the clean energy ecosystem, including renewable power generation, energy storage, the distributed electrical grid, zero-emission transportation, renewable fuels, carbon capture, utilization and storage, zero/low-carbon industrial applications and sustainable manufacturing.

ArcLight Capital Partners, LLC (“ArcLight”), one of the leading private equity firms focused on energy infrastructure investments in North America. Since inception, ArcLight has been at the forefront of the energy transition, investing $23 billion in 110 platform investments across the energy infrastructure landscape, including approximately 5 gigawatts of renewable generation as well as critical assets within the U.S. electric grid. ArcLight has also extensive exposure to the transportation sector through its investments in multiple fuel supply and logistics companies.

​ArcLight began investing in renewable energy in 2001 and has since invested $4 billion in 16 platforms representing 88 individual renewable projects, including:
•        Alta Wind: 1,550-megawatt wind development, the largest in the U.S. at the time of construction;
•        Terra-Gen: Developer, owner and operator of a 653-megawatt portfolio of utility-scale clean energy assets at the time of exit; and
•        Great River Hydro: 584-megawatt hydroelectric power platform, the largest in New England.

ArcLight also has differentiated insights into the electrical grid and the grid’s ongoing evolution to support the increased penetration of renewables and grid-edge applications. ArcLight has invested in multiple grid assets, including:
•        Path 15: 1,500-megawatt line upgrade that debottlenecked a critical Southern-to-Northern California power interconnect; and
•        Neptune Regional Transmission System: 660-megawatt undersea and underground direct current line that provides more than 20 percent of Long Island’s typical electricity demand

Furthermore, ArcLight’s extensive experience in the fuel supply and logistics space provide us with unique and real-time insights into critical factors impacting the successful rollout of biofuels and EV charging infrastructure, including automotive consumer behavior, real estate development and convenience offerings. Representative investments include:
•        Thorntons, the owner and operator of more than 200 convenience stores and travel centers; and
•        Gulf, one of the largest branded sales platforms in the automotive industry

Daniel R. Revers serves as our Chairman. Mr. Revers is the founder of ArcLight and has 30 years of energy finance and private equity experience. Mr. Revers is responsible for overall investment, asset management, strategic planning, and operations of ArcLight and its funds. Prior to forming ArcLight in 2001, Mr. Revers was a Managing Director in the Corporate Finance Group at John Hancock Financial Services, a private insurance and financial services firm, where he was responsible for the origination, execution, and management of a $6 billion portfolio consisting of debt, equity, and mezzanine investments in the energy industry. Prior to joining John Hancock in 1995, Mr. Revers held various financial positions at Wheelabrator Technologies, where he specialized in the development, acquisition, and financing of domestic and international power and energy projects.

John F. Erhard (“Jake F. Erhard”) serves as our President, Chief Executive Officer and Director. Mr. Erhard joined ArcLight around the time of its founding in 2001 and is currently a Partner. Mr. Erhard has 20 years of energy finance and private equity experience. Prior to joining ArcLight, Mr. Erhard was an Analyst at the investment banking firm Schroder Wertheim, where he focused on mergers and acquisitions. Mr. Erhard earned a Bachelor of Arts in Economics from Princeton University and a Juris Doctor from Harvard Law School.​