Clifford Chance advises Partners Group on acquisition of Life Cycle Power from Arroyo

Global law firm Clifford Chance has advised Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, in its acquisition of Life Cycle Power (LCP or the Company), a provider of bespoke, turn-key mobile power generation solutions in the US, from an investment partnership controlled by Arroyo Investors, a Houston-based private equity firm.

LCP operates an 897 MW fleet of mobile generation units, representing one of the largest and most efficient mobile fleets in the country. The Company benefits from thematic tailwinds including the growth of AI data center demand and the expansion of domestic industrial facilities.

Partners Group will work with LCP’s experienced management team to transform the Company into a provider of mobile power solutions for data center and industrial customers across the US. Key value creation initiatives will include expanding LCP’s offering into the fast-growing data center sector, increasing average contract lengths with key industrial customers, and further building the Company’s fleet capacity.

The Clifford Chance team advising Partners Group is led out of Houston by Partners Alex Leff and Jon Bobinger, and James Kleine, Pardis Baha, and Nick Mitchell. The wider team included: