French bank BNP Paribas has entered into exclusive negotiations to acquire AXA Investment Managers, the asset management arm of the French insurance giant, for a cash consideration of €5.1 billion

Quinbrook Infrastructure Partners has raised $3 billion in total capital at the final close of its Net Zero Power Fund, including co-investments

The Alaska Permanent Fund Corporation has closed $250m in infra fund commitments and upped its infrastructure allocation

Latham & Watkins has hired infrastructure partners Pedro Rufino Carvalho and John Guccione in the London office from Patria Investments and Linklaters respectively

UK fibre broadband provider Quickline has secured a £250 million debt package for its upcoming rural broadband roll-out across Northern England

AirTrunk and BDx have announced Phase 1 launch of their respective data centres in Malaysia and Indonesia, joining the robust growth of the sector and advancing the adoption of AI technologies in the region

Stonepeak has formed a JV with American Tower subsidiary CoreSite to develop, construct, and operate an 18MW data centre named DE3 in Denver, Colorado

Goldman Sachs has hired Tani Burge and Sydney McConathy into its alternatives capital formation team to focus on infrastructure fundraising in the UK and the US

Vodafone Spain and Telefonica have signed a non-biding term sheet to form a fibre company JV

AXA IM Prime has agreed to acquire a 20% stake in Paris-based Rivage Investment, a private credit firm specialising in infrastructure lending

Ninety One’s Emerging Markets Transition Debt fund has raised $400 million in initial commitments

Cassava Technologies’ Africa Data Centres will be expanding its CPT1 facility in Cape Town, South Africa, by 6MW – effectively doubling its current capacity

Ireland’s Competition and Consumer Protection Commission has launched a “Phase 2” investigation into Phoenix Tower International’s acquisition of Cellnex’s Irish unit

Mirova has committed $20 million in long-term debt financing to ManoCap Energy, an IPP focused on commercial & industrial markets in West Africa