Data center firm DigitalBridge in $1.1B deal to buy ArcLight
Utility Dive • • business
Key Points:
- DigitalBridge Group plans to acquire ArcLight Capital Partners, a private power plant company, in a $1.05 billion deal, combining assets valued at over $150 billion.
- ArcLight owns 20.8 GW of power generation capacity as of June 2025, including about 7 GW in the PJM Interconnection region, which is significant for data center development.
- The acquisition aims to create a leading alternative asset manager at the intersection of power, AI, and digital infrastructure, with ArcLight continuing to operate as a separately managed business.
- The deal is contingent on a separate acquisition of DigitalBridge by a SoftBank Group affiliate and requires regulatory approvals from agencies including FERC, the FCC, and the Committee on Foreign Investment in the United States.
- DigitalBridge CEO Marc Ganzi highlighted AI's role in transforming the global power sector, driving investments in generation, transmission, and behind-the-meter infrastructure.