economy
Data centre owner DigitalBridge buys energy PE firm ArcLight for $1bn
Tie-up comes as Wall Street heavyweights strike partnerships to uncover new sources of power
TL;DR
- Wall Street heavyweights are forming partnerships.
- These partnerships aim to uncover new sources of power.
- DigitalBridge, a data centre owner, is buying energy PE firm ArcLight.
- The deal is valued at $1 billion.