EIB hands Terna €500m subsea link loan, Italy
Italian grid transmission operator Terna has confirmed a €500 million loan from the European Investment Bank, the final tranche in its €1.9 billion debt financing of the Tyrrhenian Link
Shetland Pension Fund backs IFM fund with £66m
The Shetland Pension Fund has made its first infra commitment to an IFM Investors fund
ESnet inks debut transatlantic subsea fibre deal
The US Department of Energy’s science network ESnet has penned an agreement with Irish subsea fibre operator Aqua Comm, it’s first transatlantic spectrum acquisition
Ardian sixth fund halfway to €10bn target
Ardian’s sixth flagship fund has raised half its €10 billion fundraising target, with final close expected at the end of 2024
PhilTower, MIDC mulls JV for Philippines telecoms
PhilTower Consortium plans to form and invest in a joint venture company to roll out 4G/5G mobile network infrastructure across the Philippines
Bayobab lands subsea cable in Nigeria and Ghana
Bayobab, with support from MTN, has extended the reach of its 45,000km-long subsea cable, landing it in Accra, Ghana and Lagos, Nigeria
Actis Americas refi advances
Infrastructure investor Actis is nearing close on a deal to refinance the bridge loan it took out last March to acquire data centres across 6 Latin American countries and the US
Belady joins DigitalBridge from Microsoft
Christian Belady has joined digital infrastructure asset manager DigitalBridge as a senior adviser
D9’s Verne sale moves to Iceland regulator
Digital 9 has told shareholders that the sale of Icelandic data centre business Verne Global to Ardian is under a “Phase II investigation” from the Icelandic anti-trust authority
Swiss Life launches infra ELTIF to retail investors
Swiss Life has launched a long-term investment fund to broaden retail clients' access to private infrastructure investments
Vacaville, CA pause broadband project P3
The City of Vacaville’s expansion of business and residential broadband access via a P3 is on hold following the release of an RFP in September
Meketa launches infra fund for retail investors
Meketa Investment Group has launched an infrastructure interval fund for retail investors as part of a push to offer private market solutions to a broader client base
AirTrunk inks virtual PPA in Malaysia
AirTrunk has signed a renewable energy virtual power purchase agreement for a data center in Malaysia