DigitalBridge to acquire ArcLight in deal aimed at power and AI infrastructure convergence

DigitalBridge Group has announced a definitive agreement to acquire ArcLight Capital Partners for up to $1.05 billion.

The companies say the strategic combination is intended to form a leading alternative asset manager focused on the convergence of power, AI and digital infrastructure. The deal is positioned around rising demand for compute, connectivity and power needed to support advanced AI systems globally.

The transaction underscores how AI growth is drawing infrastructure investors toward assets and expertise linked to both digital networks and energy supply. As AI systems require more computing capacity, the availability of power has become a central factor in the expansion of digital infrastructure.