NuCoastal Power Announces a Strategic Investment by ArcLight Capital

In July 2008, an affiliated fund of ArcLight Capital Partners, LLC completed an initial investment in NuCoastal Power Holdings, LLC located in Houston, Texas. The new company will be re-named ReNu Power LLC. Founded in 2005, NuCoastal Power is a power generation company whose strategy has been to acquire and re-develop a portfolio of five “mothballed”...