DigitalBridge Agrees to $1.05 Billion Acquisition of ArcLight Capital Partners

DigitalBridge Group has entered a definitive agreement to acquire ArcLight Capital Partners in a transaction valued at $1.05 billion. The deal merges DigitalBridge’s expertise in digital infrastructure with ArcLight’s power infrastructure assets, creating a combined platform with more than $150 billion in assets. The companies describe the combination as forming a leading alternative asset manager at the convergence of power, artificial intelligence, and digital infrastructure.

The acquisition is conditional upon the completion of a previously announced $4 billion acquisition of DigitalBridge by an affiliate of SoftBank Group Corp. SoftBank announced its agreement to acquire the Florida-headquartered firm in late December 2025. Until that prior transaction closes, the ArcLight deal cannot proceed, introducing execution risk tied to the larger SoftBank investment.

Founded in 2001 and based in Boston, ArcLight has owned, controlled, or operated more than 70 gigawatts of power generation assets. The firm has also overseen approximately 48,000 miles of electric and gas transmission and storage infrastructure, representing more than $90 billion in enterprise value. Its private power generation portfolios and development pipelines are described as among the largest in North America.

Marc Ganzi, chief executive officer of DigitalBridge, stated that artificial intelligence is accelerating investment across generation, transmission, and behind-the-meter infrastructure. He noted that the firms best positioned for the next phase of growth will be those able to underwrite both digital and energy infrastructure with equal depth. Ganzi emphasised that the shared conviction that specialization creates durable advantages is foundational to the combination.

Under the terms of the agreement, ArcLight will operate as a separately managed business within the DigitalBridge platform. Daniel Revers, founder of ArcLight, will serve as vice chairman of DigitalBridge. Angelo Acconcia will remain managing partner of ArcLight, overseeing day-to-day leadership, while Jake Erhard will become a senior partner. Revers described the move as a significant step toward building a platform for the growing convergence of power and digital infrastructure, citing the accelerating demand for compute, connectivity, and electrification.