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Stock impact report

ArcLight to Acquire InfraBridge’s 50% Stake in 5.4 GW Power Portfolio

DigitalBridge Group, Inc. (DBRG) 
Company Research Source: Business Wire
NEW YORK & BOSTON--(BUSINESS WIRE)--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 develop Show less Read more
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