Pennsylvania SERS adds $100m to IPI fund
Pennsylvania’s State Employees’ Retirement System has approved a $100 million commitment to an IPI Partners fund
AirTrunk lenders prep refi ahead of firm's sale
AirTrunk lenders are preparing for a big refinancing ahead of a potential sale of the Australia-based hyperscale-focused data centre operator
Malaysia mulls 1GWp solar in SEZ with Singapore
Malaysia is planning to develop a 1GWp solar farm to supply green energy to the Johor-Singapore Special Economic Zone
Nokia to sell submarine network business
Nokia has entered into a put option agreement with the French state for the sale of Alcatel Submarine Networks, a submarine networks business, for an enterprise value of €350 million
CleanSpark buys US bitcoin mining data centre company
US-based bitcoin mining company CleanSpark has merged with data centre company GRIID in an $155 million all-stock transaction
Tele2 signs €140m loan agreement with EIB, Sweden
The European Investment Bank has signed a loan agreement worth €140 million with Tele2, the Swedish telecom company
Tikehau, Nikko sign Asia strategic partnership
French manager Tikehau Capital and Japan-based Nikko Asset Management have launched a strategic partnership targeting Asian markets
USS commits £85m to G.Network, UK
The Universities Superannuation Scheme has committed £85 million to G.Network, a London-focused full fibre broadband provider
CVC acquires M Group Services, UK
CVC Capital Partners has agreed to acquire M Group Services, a UK-based essential infrastructure provider, from private equity firm PAI Partners
Fubon Life commits $70m to IPI fund
Fubon Life Insurance invested $70 million in an IPI Partners infra fund
América Móvil consolidates Chile JV
América Móvil has taken full control of the telecommunications firm ClaroVTR after its partner Liberty Latin America backed out of the JV
ST Engineering starts work on Singapore data centre
ST Engineering has started the construction of a greenfield data centre in Singapore
Rune renegotiates credit facilities, Slovenia
Cube IM's fibre-to-the-home network operator Rune Group has renegotiated its credit facilities of €130 million
Greenberg Traurig bolsters Houston practice
Greenberg Traurig has hired James Grogan as a shareholder in its Houston office. He joins from Paul Hastings, where he worked for almost 14 years, most recently as a partner
DIF completes French fibre refi
DIF Capital Partners and subsidiary ielo have reached close on a €208 million debt refinancing deal with a group of lenders