IFC, ADB approve $55m for Maldivian telco

IFC and the Asian Development Bank have agreed to provide a $55 million package to the Maldive's largest digital and telecom service provider

UK tower company on the block

The sale process for a minority stake in UK towerco joint venture – Cornerstone Telecommunications Infrastructure – is set to get underway

AXA IM Alts to offload European telecoms asset

AXA IM Alts is planning the sale of a majority stake in European data centre business DATA4

TRS Illinois makes $500m commitment to infra funds

The Teachers’ Retirement System of the State of Illinois has made commitments to 2 infra funds

EdgeConneX – €2.4bn portfolio refi about to close

EdgeConneX – the EQT-owned data centre developer – is on the verge of reaching financial close on the refinance of a number of European debt packages into a single, underwritten €2.4 billion package

Final close for flagship fund in H2 2023

The flagship fund of a major investment manager is continuing its final fundraising round which is expected to end in 9 months

Entel offloads Chilean fibre optic infra

Telecoms business Entel is set to sell the entirety of its fibre optic infrastructure assets in Chile to wholesale fibre optic infrastructure company, On Net Fibra, for $358 million

BlackRock fourth holds $4.5bn first close

BlackRock Alternatives has raised $4.5 billion in investor commitments for BlackRock Global Infrastructure Fund IV

VRS commits €100m to Antin V

The Virginia Retirement System has made a €100 million allocation to Antin Infrastructure Partners V

Cellnex to offload UK towers

Wireless Infrastructure Group is set to acquire 1,100 sites in the UK from independent wireless telecoms infrastructure operator Cellnex Telecom

Antin Infra appoints Cabeza to partner

Fund manager Antin Infrastructure Partners has appointed infra expert Francisco Cabeza to partner

Minofu promoted for African IFC role

Madalo Minofu has been promoted to the role of country manager for Ethiopia, Malawi and Zambia at the IFC

Nowak settles into role at Credit Ag

Michael Nowak in mid-October started at Crédit Agricole as global head of infrastructure coverage, operating out of the UK and leading teams in London, Paris, New York and Hong Kong

K2 Data Centres forms JV with Indonesian realtor

Digital infrastructure company K2 Data Centres and Indonesia’s largest property developer Sinarmas Land have formed a joint venture to own, develop and operate hyperscale data centres in the country