NextDC acquires Sydney data centre

NextDC, the Australian data centre operator, has acquired a Sydney data centre, and the surrounding land, close to its existing portfolio for A$184 million

Venkatram appointed CDPQ India chair

N Venkatram will join Caisse de dépôt et placement du Québec as country chair for India, effective 1 April

EdgeCore raises second debt financing for Silicon Valley ...

EdgeCore Digital Infrastructure has raised an additional $440 million in debt financing to support the construction, growth, and customer demands of its hyperscale Silicon Valley data centre campus

Kao Data’s 40MW UK facility nears reality

UK-based data centre operator Kao Data’s £350 million Manchester data centre will be presented to Stockton Council on 21 March 2024, IJGlobal has learnt

White & Case adds Raghavan to London M&A practice

White & Case has hired Lavanya Raghavan as a funds partner in its global M&A practice and global private equity industry group, based in London

Blackstone loans Aligned Data Centers $600m for US expans...

Blackstone has loaned Aligned Data Centers an initial $600 million as part of a senior secured credit facility to aid the development of a data centre on Aligned’s West Jordan, Utah, campus

SingTel denies Optus sale

Singapore Telecommunications has denied claims that it is selling Optus to Brookfield for A$16 billion

I Squared Capital opens up in Munich

US-based infrastructure investor I Squared Capital has expanded in Europe with an office in Munich led by Yves Meyer-Bülow as fund partner

KKR mulls investment in Philippines telecom

Kohlberg Kravis Roberts & Co plans to invest $400 million into the telecom sector in the Philippines

GDS to sell international data centres

GDS has confirmed plans to sell its data centres outside of China after reports that it was in late stage talks with Hillhouse Capital, Boyu Capital and CDH Investments

SIP launches data centre platform Verrus

Sidewalk Infrastructure Partners has launched Verrus, its new platform company focused on building “next-generation” data centres after several years of the entity being in stealth

HIG Capital sells ICG Group to SPIE Group

HIG Capital has agreed to sell its German portfolio company, ICG Group, to SPIE Group, strengthening the Paris-listed company’s position in fibre networks

US earmarks $2bn for infra fund to outcompete China

United States Agency for International Development and other US state agencies are to receive $2 billion over the next 5 years to run an infrastructure development strategy to “provide credible, reliable alternatives to the PRC’s ‘hard’ infrastructure options”, according to the US FY2025 budget

Keppel, Mitsui MoU for APAC data centres

Singapore-headquartered infrastructure developer Keppel has partnered with Japanese real estate developer Mitsui Fudosan to explore data centre development and investment opportunities in Japan and Southeast Asia

Digital Core REIT ups stake in German data centre

Digital Realty’s Digital Core REIT has acquired a 24.9% stake in a German data centre through Digital CR Singapore 5 for €117 million from Digital Germany Holding, taking its interest in the asset to 49.9%