Climate Adaptive Infrastructure, an infrastructure investment firm focused on low-carbon real assets in the energy, water and urban infrastructure sectors, and DigitalBridge Group Inc. have partnered, aiming to drive the digital infrastructure ecosystem’s transition to net zero.

As part of the partnership, CAI has allocated up to $300 million of capital to support strategic opportunities identified by CAI and DigitalBridge. The firm’s first investment under the initiative is in Switch, a renewable-powered data center business. CAI will work with DigitalBridge to identify, develop and invest in sustainability-focused initiatives and projects that complement DigitalBridge’s existing and future investments.