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Partners Group Set to Acquire Life Cycle Power
Partners Group plans to acquire Life Cycle Power (LCP), a significant provider of mobile generation solutions in the US. LCP operates a fleet with a capacity of 897 MW, aimed at enhancing grid resiliency and meeting emergency power needs. The company caters to various sectors, including data centers and industrial facilities, with services like site permits and maintenance under long-term lease arrangements.
LCP benefits from the rise in AI data center demand and industrial expansion, addressing the gap caused by interconnection wait times. Partners Group aims to boost LCP's market presence by expanding its services into the data center sector and increasing its fleet capacity. The acquisition aligns with Partners Group's focus on global grid resiliency.
R. P.
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