Deal combines two firms managing over $150 billion in assets at the intersection of power, AI, and digital infrastructure.
DigitalBridge Group agreed to acquire ArcLight Capital Partners in a $1.05 billion transaction. The deal aims to create a leading alternative asset manager specializing in power, artificial intelligence, and digital infrastructure sectors.
The combined entity will oversee assets exceeding $150 billion, including ArcLight’s 70 GW of power generation and 48,000 miles of transmission infrastructure. ArcLight’s portfolio represents over $90 billion in enterprise value, with a significant presence in North American power markets.
Completion hinges on SoftBank Group Corp.’s pending $4 billion acquisition of DigitalBridge, announced in late 2025. The merger is expected to close following regulatory approvals and finalization of SoftBank’s deal.