Exowatt raises $20m to power data centres

Renewable energy company Exowatt has launched a unique energy platform created to power data centres along with a $20 million seed round

Blackstone evergreen infra fund passes $43bn

Blackstone’s flagship open-ended infrastructure fund has reached $43.9 billion in commitments, according to the firm’s Q1 2024 results

Lhyfe launches digital marketplace for hydrogen players

French green hydrogen producer Lhyfe has launched a digital marketplace for buying and selling green certified hydrogen – part of efforts to digitise the sector

Walker’s new title at Credit Agricole

Toby Walker is now Credit Agricole CIB’s head of project and rail finance distribution for EMEA, effective this month

HSF’s new round of promotions in Asia

Herbert Smith Freehills has promoted 6 counsel in Asia as part of a global promotion round of 34 new counsel, the firm said today

Gaw Capital makes 2 senior hires

Private equity firm Gaw Capital Partners today said that it has added Hyun-Chan Cho and Elizabeth Di Cioccio to its senior leadership team. Both joined the firm in April

CVC sets IPO price range, Europe

CVC Capital Partners could raise up to €1.8 billion in its upcoming initial public offering in Amsterdam after it set an indicative price range of between €13 and €15 per share

GEF closes second climate solutions fund

DC-based private equity firm GEF Capital Partners has closed its second climate solutions fund at $325 million, exceeding its $250 million target

Seraphim Space reaches first close on venture fund

UK-based space technology investor Seraphim Space has reached first close on its second venture fund

IFC considers loan for Raxio African data centres

The International Finance Corporation is mulling a $100 million loan to pan-African data centre developer Raxio Group to finance the phased development of 10 x ‘metro-edge’ carrier-neutral data centres

abrdn’s Wessex Internet awarded £53m contracts

abrdn infrastructure portfolio company Wessex Internet has been awarded a further Project Gigabit internet contract for Dorset and South Somerset

PIF to acquire TAWAL, consolidate with GLIC

Saudi Arabia’s Public Investment Fund has today agreed to acquire a 51% stake in Telecommunication Towers Company Limited

Funds for NTT Group data centre in India

The Japan Bank of International Corporation and an undisclosed Japanese lender have provided financing for a data centre being set up by a unit of Nippon Telegraph and Telephone Corporation in India

Verod-Kepple achieves $60m Africa fund close

Pan-African VC firm Verod-Kepple Africa Partners has reached a $60 million final close on its first digital infra fund – Verod-Kepple Africa Ventures

SPIE closes ICG acquisition, Germany

French telecoms company SPIE Group has finalised the acquisition of HIG Capital’s German portfolio, ICG Group