PIF and stc Group form IoT JV

Saudi sovereign wealth fund PIF and local telecoms company stc Group have formed a joint venture to promote the Internet of Things market in the Middle Eastern state

Netrics acquired by Dutch data centre provider

Dutch regional data centre provider NorthC Group has broken into the Swiss market with the acquisition of Netrics’ Swiss connectivity services and data centres

CDPQ’s Konan moves to Keppel

Nokan Konan has this month joined Keppel Capital as vice president of investments following a nearly 10-year stint at Caisse de dépôt et placement du Québec

Shareholders approve Italian telcos merger

Italian wireless broadband specialist Linkem Retail and telco Tiscali are to merge following approval from the respective shareholders

Digital Edge, SK Ecoplant to build 120MW data centre

Singapore-headquartered Digital Edge has partnered with South Korea-based SK Ecoplant for a 120MW data centre worth $790 million in South Korea

AMP's Collimate being sold piecemeal

Collimate Capital Investment – formerly AMP Capital – is being broken up and sold with the company’s Australia infrastructure and real estate business going to Australian real estate trust Dexus

SBA to deploy 1,470 telecoms towers in the Philippines

US telco Reit SBA Communications has received the green light to develop 1,470 telecoms towers in the country with a total investment value of $206 million during the next 5 years

Viettel to develop HCMC data centre

Vietnamese state-owned telco Viettel is developing a $261 million data centre in Ho Chi Minh City

Chirolli joins SMBC from JPM

Simone Chirolli has been working as SMBC’s head of M&A advisory of the structured finance department in Asia Pacific since last week, the bank announced today

DigitalBridge to acquire AMP’s equity business

US-based infrastructure investor DigitalBridge is to acquire AMP Capital’s international equity business, knocking all other rumoured bidders out of the fray – with sources saying the deal is closing imminently

First close at €700m for mid-market infra fund

A European mid-market asset manager has held a €700 million first close on its third infrastructure fund vintage

PINT invests in DELTA Fibre

London-listed infrastructure fund Pantheon Infrastructure, has invested €26.5 million in DELTA Fibre, a digital infrastructure company which owns and operates regional fibre-to-the-home broadband infrastructure in the Netherlands

Tiger Infrastructure flagship fund raises $1.25bn

Tiger Infrastructure Partners’ third flagship fund, Tiger Infrastructure Partners Fund III – has closed at its hard cap with $1.25 billion in equity commitments

Citi moves up Allegos

The Australian arm of Citi has this week made up Alex Allegos to head of corporate banking in charge of its operations in Australia and New Zealand

John Laing appoints new director

London-headquartered John Laing has appointed Robert Newton as a director in its portfolio and risk management team