Airtel plots Kenyan network expansion

Airtel is planning to invest $150 million to build 649 new network sites in Kenya as part of its debt-funded expansion across Sub-Saharan Africa

Equinix plans fourth data centre in India

US-based data centre provider Equinix plans to launch its fourth International Business Exchange data centre in Mumbai, India

Italy, Tunisia sign subsea interconnector grant

Two utilities operators have signed an EIB grant agreement to fund an invisible interconnection between Italy and Tunisia in a move towards the first DC electricity connection between Europe and Africa

Merced, CA issues RFP for broadband P3

The City of Merced in California has issued an RFP seeking 1 or more private parties to expand its business and residential broadband access via a P3

Investec expands power and infra team, NY

Mark Harris has joined the power and infrastructure finance team at Investec, operating out of New York

Majority stake acquired in Central European telcos

Emirates Telecommunication Group is to acquire from PPF Group a 50% plus one share in PPF Telecom's assets in Bulgaria, Hungary, Serbia and Slovakia

UPDATE: DBAG invests in infra services provider, Germany

Deutsche Beteiligungs has invested in critical infrastructure services provider TBD Technische Bau Dienstleistungen via a management buyout

InfraCredit backs Hotspot’s solar debt issue

InfraCredit has signed with Hotspot Network a credit enhancement for the latter’s £10 million debt facility for 120 solar-power telecom base stations across 22 states in Nigeria

StepStone launches listed infra fund

StepStone Private Wealth has launched StepStone Private Infrastructure Fund, an evergreen fund that has begun accepting subscriptions and aims to hold its initial closing in Q3 of 2023

ESR closes sustainability-linked loan for Hong Kong DC

Asia-focused real estate and investment company ESR Group has raised HK$1.6 billion through a sustainability-linked loan in Hong Kong for a brownfield data centre project

Costs climb for Irish data centre scheme

The Republic of Ireland’s State Data Centre project has seen costs rise to more than double – now valued at €80 million

Guggenheim appoints MDs

Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, has named Tim Murphy and Alex Kozak as new joiners

CoreWeave raises $2.3bn debt financing for AI cloud infra

CoreWeave has secured a $2.3 billion debt financing facility led by Magnetar Capital and Blackstone Tactical Opportunities to expand its AI-driven cloud infrastructure

CBRE names infra client head

Aaron Vale has been named head of infrastructure client solutions at CBRE Investment Management

Palisade to acquire WA-based assets of Consolidated Commu...

Palisade Infrastructure has reached an agreement to acquire all the Washington-based assets of Consolidated Communications, a broadband and business communications provider