DigitalBridge to Acquire PLUS ES Smart Metering Platform in Australia

Key Facts

1DigitalBridge entered into an agreement to acquire PLUS ES, one of Australia's largest smart meter providers.

2PLUS ES is a separate ring-fenced entity within the Australian Ausgrid Group.

In a move reflecting the ongoing expansion of global digital infrastructure assets, DigitalBridge has announced an agreement to acquire PLUS ES in Australia. PLUS ES operates as a separate ring-fenced entity within the Australian Ausgrid Group and is recognized as one of the region's largest smart meter providers. Through this acquisition, DigitalBridge aims to strengthen its data service offerings for retailers, utilities, and network operators.

This transaction occurs amid notable activity in the Australian services sector, where recent market data showed the Services PMI reaching 52.9 in August 2026. Additionally, the Australian Manufacturing PMI stood at 52 points, indicating stable operational conditions within the environment where the target company, PLUS ES, operates.

From an investment perspective, this move signals a bullish outlook for DigitalBridge's asset growth, although the specific deal value remains undisclosed. With real-time price data unavailable for the instrument at the close of August 27, 2026, investors are looking forward to the completion of regulatory procedures for the transfer from Ausgrid Group and monitoring the impact of this expansion on future cash flows in the smart infrastructure sector.