NEW YORK--(BUSINESS WIRE)--InfraBridge, a division of DigitalBridge Group, Inc. (NYSE: DBRG), today announced that it has completed the previously announced sale of its 50% stake in Invenergy AMPCI Thermal Power (“IATP”) to funds of ArcLight Capital Partners, LLC.

IATP is a large-scale, diversified portfolio of 11 power infrastructure assets representing approximately 5.4 GW of generation capacity across North America. The assets are owned in partnership with Invenergy. Invenergy will retain its existing 50% ownership interest and operational role in IATP.

“Completing this transaction represents an important milestone for InfraBridge and a successful realization of our investment in IATP,” said Sadiq Malik, Managing Director at DigitalBridge and Head of InfraBridge. “We are proud of what we accomplished alongside Invenergy during our ownership. This transaction reflects our continued focus on delivering value for our investors.”

BofA Securities acted as financial advisor to InfraBridge and Sidley Austin LLP served as legal counsel.

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.