AlphaGen Proposes 450 MW of Additional High-Reliability Generation Across PJM

New supply would be added to existing sites in Maryland, New Jersey, and Ohio

STAMFORD, Conn., March 17, 2025 /PRNewswire/ -- Alpha Generation, LLC ("AlphaGen"), manager of one of the largest power infrastructure portfolios in the United States, today announced it has submitted plans to supply approximately 450 megawatts ("MW") of additional electric generation at four existing power stations across Maryland, New Jersey and Ohio.

AlphaGen, a strategic partnership formed and owned by an affiliate of ArcLight Capital Partners, LLC, submitted plans in response to PJM's Reliability Resource Initiative ("RRI"), which is designed to attract shovel-ready, high-reliability projects to connect to the grid on an accelerated basis.

"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. "Experienced, existing competitive power providers like AlphaGen are well positioned to help meet the demand for new power generation given the significant resources, time and capital that is needed to do so."

Recent PJM capacity market pricing is signaling a need for additional power generation to meet demand growth fueled by electrification, onshoring of manufacturing, and data centers.

The AlphaGen projects include a 300+ MW increase (enough to power roughly 250,000 homes) in generating output across two existing highly efficient natural gas-fueled units in New Jersey, with the remainder driven by meaningful up-rates across three facilities in New Jersey, Maryland, and Ohio that are currently owned and managed by AlphaGen. All facilities are expected to gain efficiency and operational flexibility when producing electricity along with increased available capacity as a result.

"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 said. "We believe these investments by a competitive generator will be a welcome sight for a market in need of additional power generation."

About AlphaGen

AlphaGen is a strategic partnership formed and owned by an affiliate of ArcLight Capital Partners, LLC to own and operate critical power infrastructure to provide reliable, secure, safe, and sustainable sources of power and meet the growing infrastructure needs created by the increased demand for reliable power, including electrification and data center growth. AlphaGen is led, through Alpha Generation Services, LLC, by a deeply experienced senior management team with a proven track record of strategic, operational, and commercial expertise to help create value and manage risk. AlphaGen owns over 11,000 megawatts of power infrastructure across four RTO markets (PJM, NYISO, ISONE, and CAISO). For more information, please visit www.alphagen.com.

About ArcLight

ArcLight is a leading infrastructure investor which has been investing in critical electrification infrastructure since its founding in 2001. ArcLight has owned, controlled or operated over ~65 GW of assets and 47,000 miles of electric and gas transmission and storage infrastructure representing $80 billion of enterprise value.  ArcLight has a long and proven track record of value-added investing across its core investment sectors including power, hydro, solar, wind, battery storage, electric transmission and natural gas transmission and storage infrastructure to support the growing need for power, reliability, security, and sustainability.  ArcLight's team employs an operationally intensive investment approach that benefits from its dedicated in-house strategic, technical, operational, and commercial specialists, as well as the firm's ~1,900-person asset management partner. For more information, please visit www.arclight.com.

AlphaGen media contact: [email protected], 908-487-1756
ArcLight media contact: [email protected], 646-504-7306

SOURCE Alpha Generation, LLC