Alpha Generation Enhances Commitment to Long-Term Power Supply Partnerships

Alpha Generation Strengthens Long-Term Power Contracting Efforts

In a significant move, Alpha Generation, also known as AlphaGen, has taken bold steps to enhance its long-term power contracting efforts. The company recently appointed Roberta Konicki as the Managing Director and Head of Origination. This strategic hire aims to fortify AlphaGen's ability to provide efficient and clean power resources to large enterprises and consumers alike.

The market landscape is evolving rapidly, driven by the increasing demand for power due to the proliferation of data centers, the onshoring of manufacturing processes, and the ongoing electrification of various infrastructures. AlphaGen recognizes that the current energy supply in the United States is under pressure, with power markets experiencing tight availability. This realization has led the company to emphasize long-term contracting as a viable solution to meet the escalating energy needs effectively.

Curt Morgan, Chairman and CEO of AlphaGen, expressed his insights on the energy landscape. He stated that technological advancements and an insatiable thirst for power are placing unprecedented strain on existing supplies. He emphasized that it is crucial for AlphaGen to address this growing demand while ensuring that the energy remains affordable for consumers. The company aims to empower technology and power partners through direct supply opportunities, setting the stage for efficient collaboration.

Roberta Konicki brings over 25 years of extensive experience in U.S. power market origination. Her background includes a wealth of knowledge in structuring agreements that create value for clients. Throughout her career, she has worked with several notable companies, including Macquarie, Boston Energy Trading, Sempra, British Petroleum, and Duke, establishing herself as an experienced professional capable of driving AlphaGen's commercial strategies forward.

The critical need for reliable and cost-effective energy cannot be overstated, and with Roberta joining the ranks of AlphaGen's commercial leadership team, which is led by Chief Commercial Officer Mary Anne Brelinsky, the company is better positioned than ever to meet future challenges head-on.

AlphaGen manages a robust fleet of power generation resources, primarily fueled by natural gas, that cater to essential markets such as PJM, ISONE, and NYISO. The company takes pride in providing a reliable, predominantly young fleet of power generation assets that meet the current competitive demands in the U.S. power landscape. They are also focused on expanding capacity through upgrades, new development, and the integration of battery storage solutions.

Notably, there are approximately 450 MW of upgrades under the PJM Reliability Resource Initiative, which will streamline the interconnection process and further enhance AlphaGen’s operational capabilities.

AlphaGen is a strategic partnership formed by an affiliate of ArcLight Capital Partners, LLC, tasked with managing nearly 15,000 megawatts of critical power infrastructure across four RTO markets: PJM, NYISO, ISONE, and CAISO. The organization prides itself on providing reliable, safe, and sustainable energy sources supported by a seasoned management team with an established track record in strategic operation and commercial expertise.

In tandem with ArcLight's broader initiatives, including partnerships with Advanced Power, Elevate, and SkyVest, AlphaGen aims to fulfill the surging demand for dependable power. The company’s operational focus on developing critical electrification infrastructure positions them strongly to play a vital role in addressing the energy challenges of the future.

For those interested in learning more about Alpha Generation and their commitment to providing reliable and sustainable energy, more information can be found at their official website: www.alphagen.com. Additionally, details about ArcLight Capital Partners and its investment strategies in the electrification space are available at www.arclight.com.