The American private equity firm DigitalBridge Group, which is being acquired by SoftBank Group, will acquire one of Australia's largest smart meter service providers from the Osgrid Group. The current market demand for infrastructure related to Australia's energy transition continues to rise. The US company issued a statement saying that an investor managed by DigitalBridge has reached an agreement to acquire PLUS ES, an independent operating entity within the Osgrid Group. The business provides metering and data services to retail power companies, utility companies, and power grid operators, and manages approximately 2 million meters across the national electricity market.

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