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