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Cumulus Growth secures investment for data centre

Cumulus Growth, a wholly-owned subsidiary of Talen Energy, has secured up to $175 million in investment from Orion Energy Partners

CrossBoundary Energy steps into Sierra Leone

Africa-focused power developer CrossBoundary Energy has agreed with Zoodlabs to develop a $2 million, 1.2MW solar plus storage project which will supply power to an undersea fibre optic facility in Sierra Leone

AMP Capital carves out new market in telecoms site-leasing

AMP Capital’s infrastructure equity business has ventured into the nascent market of aggregating mobile telecoms site leases

A&O hires tech M&A partner

Allen & Overy has hired Dario de Martino as a partner in its M&A practice in New York

Proximity Data Centres acquires Swindon facility

Proximity Data Centres, the UK edge colocation data centre provider, has added a new site based in Swindon to its portfolio

Cube III hits first close

Cube Infrastructure Managers has reached a €1 billion first close for its third flagship fund

Operis, Apta Ventures partnering in Asia

Project finance advisory firm Operis Group and Singapore-based Apta Ventures agreed to work together on advising clients procuring financing for energy and infrastructure projects in Asia

US grant for Southern African internet rollout

USTDA has signed a grant to South African ISP Jenny Internet to fund a feasibility study into expanding low-cost internet across the Southern African region

RFP issued for Ethio Telecom sell-off

Ethiopia’s Ministry of Finance has issued the RFP documents for the partial privatisation of Ethio Telecom

DWS-owned NorthC acquires colocation business

DWS-owned NorthC Group Deutschland has acquired IP Exchange for an enterprise value of €44 million

Salim seeks $500m for Indonesia data centres

Indonesia-based conglomerate Salim Group is seeking up to $500 million in loans to finance the development and operation of data centres at its industrial park

France to fund Indonesia data centre

The French government plans to provide a $190 million loan to the government of Indonesia to develop a national data centre, including pre-development activities

EBRD appoints new Kazakhstan director

The multilateral named Hüseyin Özhan as the new director for Kazakhstan

Meridiam racks up 5 new funds

Meridiam has unveiled a slew of fund closings this year, having raised $6.1 billion for the new vehicles

GTT completes sale of infra division

Telecoms service provider GTT Communications has completed of the sale of its infrastructure division to I Squared Capital