DigitalBridge and ArcLight Announce Strategic Combination to Form a Leading Alternative Asset Manager at the Convergence of Power, AI, and Digital Infrastructure

Key Points:

• DigitalBridge Group, Inc. has entered into a definitive agreement to acquire ArcLight Capital Partners for up to $1.05 billion, combining two leading alternative asset managers with over $150 billion in assets focused on digital and power infrastructure.
• ArcLight, founded in 2001, manages a significant portfolio including over 70 GW of generation assets and 48,000 miles of electric and gas transmission infrastructure valued at more than $90 billion.
• The acquisition is contingent on the completion of DigitalBridge’s acquisition by SoftBank Group, aiming to create a platform specializing in the convergence of power, AI, and digital infrastructure to meet growing demand for compute, connectivity, and power.
• ArcLight will operate as a separately managed business within DigitalBridge, with key ArcLight executives assuming leadership roles post-transaction to maintain continuity and leverage combined expertise.
• The transaction is subject to regulatory approvals and other customary closing conditions, with Barclays and Morgan Stanley advising DigitalBridge and ArcLight respectively, and aims to capitalize on the increasing infrastructure needs driven by AI, electrification, and digital economy growth.