Arroyo Investors

Arroyo Investors is an independent investment manager primarily focused on power and energy infrastructure assets across North America and Chile. The firm specializes in acquiring equity interests in existing energy infrastructure companies and late-stage development projects. They aim to generate steady cash flows and capital appreciation through active portfolio management, contract optimization, and proprietary deal sourcing, leveraging an extensive network developed over decades in North and South America.

The origins of Arroyo Investors trace back to 2003, when the founding partners, David Field and Chuck Jordan, began deploying and realizing investments in energy infrastructure transactions. Initially, this was done on behalf of investing partners such as Bear Stearns and J.P. Morgan. In 2015, the firm launched its first independent private equity fund, Arroyo Fund II, marking its transition to an independent investment manager. This was followed by Fund III in 2019 and Fund IV, which closed with over $1 billion in commitments in 2025, bringing their cumulative assets under management to $4 billion since 2003.

Arroyo Investors' portfolio includes a diverse range of energy and infrastructure assets. Notable investments feature Life Cycle Power, Mesa Solutions (a distributed power generation solutions business), Seaside LNG (an integrated shore-side liquefaction and LNG bunkering platform), and Stella Power. The firm has also invested in Cielo Digital Infrastructure, focusing on project sites for data center development, and Fermaca Networks, a dark fiber optic network in the U.S. and Mexico, showcasing a broader interest in digital infrastructure within the energy sector.

The firm's team comprises 22 professionals with over 100 years of cumulative investment experience. Founding Partners David T. Field and Chuck Jordan lead a team that includes partners like Rudolf Araneda (based in the Chile office), Felipe Pinto, and Brandon Wax. The team's expertise spans investment, portfolio management, and corporate services, enabling them to manage investments in-house without relying on external operating partners. This integrated approach allows Arroyo to target opportunities with significant potential for growth in operating margin.