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 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

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

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

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

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

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

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

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 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%

TowerCo Africa Uganda has secured $40 million in long-term financing to support the expansion of telecom infrastructure in rural Uganda

Canada Pension Plan Investment Board has joined the investor group acquiring NetCo – Italy’s most extensive telecoms network – from Telecom Italia

US manager Stonepeak has reached final close on its Asia Infrastructure Fund, exceeding its $3 billion target with $3.3 billion in total commitments