InfraBridge, a leading global infrastructure manager and a division of DigitalBridge Group, Inc. (NYSE: DBRG), and ArcLight Capital Partners (with its affiliates, “ArcLight”), a leading infrastructure investor with a long-standing focus on critical electrification infrastructure, today announced the signing of a definitive agreement for ArcLight to acquire InfraBridge’s 50% stake in Invenergy AMPCI Thermal Power (“IATP”), a jointly owned power portfolio in which Invenergy will retain its existing ownership interest and operational role.
IATP is a large-scale, diversified portfolio of 11 power infrastructure assets located across North America, including several highly efficient combined cycles: Grays Harbor Energy Center in Washington, Nelson Energy Center in Illinois, Lackawanna Energy Center in Pennsylvania, and St. Clair Energy Centre in Ontario. The assets are owned in partnership with Invenergy, North America’s largest privately held developer, owner, and operator of independent power infrastructure.
“This transaction reflects InfraBridge’s disciplined investment approach and our continued focus on delivering strong outcomes for our investors,” said Sadiq Malik, Managing Director, DigitalBridge and Co-Head of InfraBridge. “We are proud of our longstanding partnership with Invenergy and the performance of the IATP portfolio. ArcLight brings deep experience across North American power markets, and we are confident the business is well-positioned for its next phase of ownership.”
"IATP is a unique, diversified, large scale portfolio of contracted power infrastructure assets which provides significant, low cost power across seven markets,” said Andrew Brannan, Managing Director at ArcLight. “We look forward to working with Invenergy, to help drive value from the portfolio and continue to provide grid reliability and resources.”
"We believe that strategic power portfolios like IATP, which provide significant capacity, reliability and grid infrastructure across North America, will play an increasingly critical role in helping to meet the power demand needs driven by AI and electrification," said Angelo Acconcia, President of ArcLight.
Financial terms of the private transaction were not disclosed. The transaction is subject to customary regulatory approvals and other closing conditions and is expected to close in the second half of 2026.
BofA Securities, Inc. is acting as financial advisor to InfraBridge. Morgan Stanley & Co. LLC is acting as financial advisor to ArcLight.
About InfraBridge
InfraBridge is a diversified middle-market infrastructure manager focused on digital infrastructure, transport, logistics and the energy transition. InfraBridge is a division of DigitalBridge (NYSE: DBRG), a leading global alternative asset manager dedicated to digital infrastructure. Headquartered in London, InfraBridge invests in and manages essential infrastructure platforms across Europe and North America. For more information, visit www.infrabridge.com.
About ArcLight
ArcLight is a leading infrastructure investor which has been investing in critical electrification infrastructure since its founding in 2001. ArcLight has owned, controlled or operated over ~65 GW of assets and 47,000 miles of electric and gas transmission and storage infrastructure representing $80 billion of enterprise value. ArcLight has a long and proven history of value-added investing across its core investment sectors including power, hydro, solar, wind, battery storage, electric transmission and natural gas transmission and storage infrastructure to support the growing need for power, reliability, security, and sustainability. ArcLight's team employs an operationally intensive investment approach that benefits from its dedicated in-house strategic, technical, operational, and commercial specialists, as well as the firm's ~2,000-person asset management partner. For more information, please visit www.arclight.com. References to "ArcLight" herein refer to ArcLight Capital Partners, LLC and/or its managed investment vehicles, as the context requires.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the proposed transaction, the expected timing of closing, regulatory approvals, and anticipated benefits of the transaction. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Such risks include, among others, the failure to obtain required regulatory approvals, the occurrence of events that could delay or prevent closing, and other risks described in DigitalBridge’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date hereof, and DigitalBridge undertakes no obligation to update or revise them except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260311462798/en/
Contacts
For InfraBridge:
Iris Tomczyk
Iris.Tomczyk@digitalbridge.com
For ArcLight:
Charlyn Lusk / Joshua Greenwald
clusk@stantonprm.com / jgreenwald@stantonprm.com
(646) 502-3549 / (646) 504-7306