British hyperscale connectivity company EXA Infrastructure has acquired Croatian telco Univerzalne Telekomunikacije for an undisclosed sum

An Atlantic-investing infrastructure fund has progressed fundraising to over 50% of its target, and is advanced on 2 fresh deals

AIIB has agreed to conduct an internal review after Canada said it would freeze ties with the lender following allegations by its former comms chief that it is dominated by Communist Party members

The European Union has mobilised €25 million to improve the financial management capacity of partner countries across Africa

Asian Development Bank is planning to launch a country partnership strategy to support private sector and human capital development with an emphasis on climate change in Turkmenistan

Private equity investor JZ International has sold its stake in Lisbon-based Blue Sites Telco to Everest Infrastructure Partners

Indian real estate developer Hiranandani Group-backed Yotta Infrastructure Solutions has become the first borrower to raise money from the local currency market for its data centre, offering a template for other borrowers to follow suit

Greece’s ministry of digital governance last week signed a €350 million ultra-fast broadband PPP with private telecoms company OTE

OMERS Infrastructure has hired London-based Chris Hogg this month as director to lead its investments in digital infrastructure in Europe

The European Commission has approved a €680 million funding package to support 5G network access in rural Spanish communities

An Italian fund manager will hold a final close on its renewables and digital vehicle by year-end – having raised €400 million of its €500 million target

Fibre optic operator Adamo has signed a €350 million financing facility to expand its fibre network in rural areas in Spain

Mapletree Industrial Trust is in the process of raising funds to finance its $371 million Japanese data centre acquisition announced last month

The Dubai Electricity and Water Authority is considering a potential collaboration with the software corporation SAP to enhance the digital transformation of the utility sector

Vodafone and Hutchison 3G UK, a subsidiary of CK Hutchison Holdings, have entered into binding agreements to combine their UK telecoms businesses