DataBank raises $2bn in equity, US

Dallas-based cloud computing company DataBank has announced a $2 billion equity raise, led by AustralianSuper, which committed $1.5 billion

London data centre approved, UK

The London Borough of Newham has given planning permission to a proposed £750 million data centre in the capital

London LGPS plans to renew infra mandates

The City of Westminster local government pension scheme is planning to top up 2 of its infrastructure mandates by recommitting to new Pantheon and Quinbrook vehicles

CoreWeave raises $650m for growth

Cloud computing company CoreWeave has secured a $650 million financing to support growth

ADB, EBRD back $30m green bond, Mongolia

The Asian Development Bank and European Bank for Reconstruction and Development have today each subscribed to Khan Bank’s $30 million green bond

IJGlobal League Tables Q3 2024 – rise and fall

The first 3 quarters of 2024 marked an 8% increase in infrastructure finance when held against the corresponding period from the year before, led by a rise in M&A activity, continued growth in bond finance and DFI lending, as well as a spike in refinancings

US firms back UK data centres with £6.3bn

Four major US data centre businesses have invested a combined £6.3 billion in the UK’s data centre market, the UK’s technology secretary said today

Ares retail core fund hits $335m, US

Ares has raised around $335 million for a core infrastructure fund focused on retail and wealth investors, according to SEC filings

LACERA approves €300m InfraVia commitment

Los Angeles County Employees Retirement Association has approved 2 infra commitments to InfraVia vehicles totalling €300 million

Vocus to acquire TPG’s fibre assets, Australia

Vocus and shareholders Macquarie Asset Management and Aware Super have signed a binding agreement to acquire TPG Telecom’s enterprise, government and wholesale fixed business and fibre network assets for A$5.25 billion

TeraWulf signs 35-year lease for NY data centre

Bitcoin mining and high-powered computing business TeraWulf’s subsidiary Lake Mariner Data has entered a land lease with Somerset Operating Company, terminating the old agreement between the companies

NED to JV for Israeli data centre

Israeli data centre business NED will enter into a joint venture to develop 500MW of data centre capacity in Israel

Stack to launch sale of Italian business

Stack Infrastructure is launching the sale of its 4 Italian data centres as a single business unit