Life Cycle Power

Life Cycle Power (LCP) is a Houston, Texas-based provider of turnkey mobile power generation. Founded in 2018, the company owns and operates a fleet of low-emission, dual-fuel capable gas turbines with a combined capacity of 897 MW, placing it among the largest and most efficient mobile turbine fleets in the United States. It delivers on-demand electricity in packages ranging from roughly 5 MW up to 500 MW, with equipment capable of producing power within hours of arriving on site.

LCP's business spans emergency, backup, bridging and semi-permanent fixed power, alongside fuel treatment and fuel management services. Under service and operation contracts, customers pay for power rather than own generation assets. The company serves oil and gas production, drilling and completions, utilities, data centres, mining and industrial sites, with an operating presence in West Texas and New Mexico. Its move into utilities followed Winter Storm Uri, which demonstrated the value of dispatchable gas generation; among its customers is CenterPoint Energy, to which LCP has deployed mobile turbines to support grid reliability in Houston.

The company is led by chief executive Thomas Riggs and chief financial officer Chris Taylor, with a senior team drawn from Aggreko, Halliburton and the U.S. military. It is backed by private equity investors including Arroyo Investors and has agreed to be acquired by Partners Group. Technical work at LCP covers mobile gas turbine generation, low-emission and dual-fuel turbine technology, fuel treatment and fuel management, and dispatchable generation services.