UPDATE: Bayfront prices third IABS
Bayfront Infrastructure Management has priced its third issuance of infrastructure asset-backed securities, demonstrating continued investor demand for IABS and the Singapore-headquartered firm's ability to help partner banks recycle capital into more infrastructure financing transactions
Enet to expand fibre network
Irish telco Enet will expand its fibre coverage with significant investment from cash flow and access to the company’s debt funding package which it closed at €130 million in Q2 2022
Evocative acquires INAP’s US data centres
Global infrastructure provider Evocative has agreed to acquire 9 data centres from hybrid infra business INAP in addition to co-location and related network services
VMO2 syndication launched
Syndication has been launched for the £3.3 billion underwritten debt on Virgin Media O2 with banks having met today and close slated for mid-October
PINT seeks £250 million raise
Global infrastructure fund Pantheon Infrastructure will launch an issue of new C shares seeking to raise £250 million
Generali Global Infrastructure rebrands
Generali Global Infrastructure has rebranded as Infranity – re-asserting its focus and commitment to sustainable infrastructure investing – the company said today
AIIB considers Rakiza fund commitment
The AIIB is considering a $50 million commitment into Muscat-based private equity infra fund Rakiza
Igneo set to acquire telco US Signal
First Sentier Investors' direct infrastructure team Igneo Infrastructure Partners is set to acquire the entirety of data center provider US Signal
PIF’s telecom towers deal approved
A Public Investment Fund-led consortium’s $807 million acquisition of an 80% stake in telecom towers owned by Zain KSA has received regulatory approval
Maincubes equity divestment – details emerge
Equity ownership in German data centre developer Maincubes has changed hands, with a new co-majority owner brought in to accelerate the company’s €1 billion investment strategy
Details emerge on IFC’s investment into STE
The IFC is considering a $100 million senior loan for the GPE consortium’s $1 billion telecoms project in Ethiopia
DataVita appoints SFT veteran for expansion
Scottish data centre developer DataVita has appointed James King as a business development director to further the company’s expansion plans
Norway’s KLP invests in Oz infra investor
Norwegian pension fund KLP has pledged NOK 2 billion in financing to Australia-headquartered renewables infrastructure investor Quinbrook
Stack, ESR to build South Korea data centre
US data centre developer Stack Infrastructure has partnered with Hong Kong-based real assets manager ESR for a data centre in South Korea
IFC to advise Guinea-Bissau on telecom PPP
The government of Guinea-Bissau will be advised by the IFC on the restructuring of GuinéTelecom and GuinéTel as a PPP