ArcLight Capital Partners Acquired by DigitalBridge | Financial Services M&A Deal

DigitalBridge has completed the acquisition of ArcLight Capital Partners, a financial services other business in Florida, for $1.05 billion. DigitalBridge acquisitions expand its alternative asset management platform focused on power and electric infrastructure investing, while ArcLight Capital Partners is a specialist investor in generation, transmission, and storage assets with a development pipeline exceeding 15 GW. Based in Boca Raton, Florida and Boston, ArcLight has owned or operated more than 70 GW of generation assets and 48,000 miles of electric and gas infrastructure, supporting power and AI infrastructure strategies. The platform acquisition is a strategic acquisition by a strategic buyer, with a $650 million base purchase price plus up to $400 million in contingent consideration, and is conditioned on completion of a prior SoftBank Group acquisition of DigitalBridge.