Swedish data centre in works

Ariem-owned Ecodatacenter has invested SEK 10 billion to build a data centre complex in Östersund, Jämtland – its biggest investment so far

FiberLight appoints Major chief exec

A consortium led by H.R.L. Morrison & Co has completed the acquisition of FiberLight and named Bill Major as its chief executive

United Group to offload European towers

Telecoms and media company United Group is set to sell the entirety of its mobile tower infrastructure units in Bulgaria, Croatia, and Slovenia to Saudi Arabia's TAWAL

Flexstone Partners closes vintage on fund

Global private equity manager Flexstone Partners’ Global Opportunities IV offering has raised $790 million for its small and mid-market co-investment fund

Wessex Internet secures Project Gigabit contract

Abrdn-owned Wessex Internet has secured a £14 million contract from the UK Government’s Project Gigabit to roll-out its full fibre broadband network in the south of England

Latham & Watkins hires Frankfurt M&A partner

Latham & Watkins has hired Alexander Stefan Rieger as a partner in the M&A team and private equity practice in Frankfurt

NBOs received for TIM’s Sparkle

TIM Group has confirmed that it has received 2 non-binding offers for Sparkle following the start of a competitive bidding process

Houlihan Lokey strengths Benelux office

Los Angeles-based investment bank Houlihan Lokey has added a new managing director to its corporate finance unit to advise clients in the Benelux region

EAIF, Proparco to lend on Raxio’s African data centres

The EAIF and Proparco are set to lend $143 million to pan-African data centre developer Raxio Group for its 11MW Tier III expansion into 7 states

GSIS invests $300m in GIP fund

Philippines' state pension fund Government Service Insurance System will invest $300 million in the Global Infrastructure Partners' Emerging Markets Fund

NBI rolls out across County Louth

National Broadband Ireland, is set to roll-out its high-speed fibre network broadband connection to around 1,600 premises – businesses and farms – across Drogheda

StratCap acquires digital infra assets valued over $35m

Investment management firm StratCap has completed the acquisition of more than $35 million of data centres and cell towers

Infranity to invest in European data centre portfolio

Infranity is poised to invest €325 million in EdgeConneX’s sustainability-linked financing

Kraft departs BBVA after 15 years

Rainer Kraft has left BBVA, after serving 15 years at the firm, most recently as a managing director and head of loan syndicate, sales, and trading in Americas