AlphaGen Plans 450 MW Power Expansion in Maryland, New Jersey, Ohio

AlphaGen Plans Major Expansion in Power Generation

In a significant development for the power infrastructure in the United States, Alpha Generation, LLC ("AlphaGen"), a prominent energy company, has unveiled plans to enhance electric generation capacity by approximately 450 megawatts ("MW") at four of its existing facilities. The expansion will cover sites in Maryland, New Jersey, and Ohio.

The move comes as AlphaGen, which operates in partnership with an affiliate of ArcLight Capital Partners, LLC, responds to PJM's Reliability Resource Initiative ("RRI"). The initiative seeks to attract projects that can swiftly connect to the grid, ensuring reliability and efficiency in power supply.

"We submitted these proposals in response to increasing demand, the need for reliable, dispatchable electric generation to support economic growth, and with an expectation that competitive market prices will continue to signal that private investment is desirable," said Curt Morgan, Chief Executive Officer of AlphaGen. He emphasized the company's readiness to meet the rising demand for power generation, highlighting AlphaGen's resources and expertise.

Current market trends indicate a growing need for additional power generation, driven by factors such as electrification and industrial growth. AlphaGen's plans include boosting the output by over 300 MW at two natural gas-fueled stations in New Jersey, with further enhancements across facilities in New Jersey, Maryland, and Ohio. This expansion is expected to elevate the efficiency and flexibility of these power stations.

"AlphaGen's projects are expected to score highly against PJM's stated RRI criteria and bring power and capacity to the states where it is most needed," Morgan stated. He expressed confidence that the planned investments would be welcomed by the market, which is eager for more power generation capacity.

About AlphaGen

AlphaGen, a strategic partnership associated with ArcLight Capital Partners, LLC, focuses on managing and operating essential power infrastructure to deliver secure and sustainable energy. The company oversees over 11,000 megawatts of power assets across several regional transmission organizations including PJM, NYISO, ISONE, and CAISO. More information can be found at www.alphagen.com.

About ArcLight

ArcLight Capital Partners, LLC, a major player in infrastructure investment since 2001, has vast experience in managing power-related assets. It has controlled or operated assets exceeding 65 GW, alongside significant investments in electric and gas infrastructure. More details are available at www.arclight.com.

AlphaGen media contact: [email protected], 908-487-1756

ArcLight media contact: [email protected], 646-504-7306