UAE, Malaysia ink MoU for data centers
Malaysia has signed an MoU to develop data centers and digital infrastructure in the country
Philippines greenlights telecom project
The Philippines is backing a project to develop 25,000 common telecommunications towers and related infrastructure in the country
Lightstorm acquires 3 submarine cables from RTI
Lightstorm – owned by I Squared Capital – has signed an asset purchase agreement with court-appointed receivers in Delaware and Singapore for 3 of RTI Cable’s submarine telecom cables in the US, Asia, and Australia
EQT active infra fund faces slow fundraising
Fundraising for EQT’s active management infrastructure strategy is “taking longer” given current market conditions, the firm said in its 2023 year-end report
Blackstone raises $1.8bn for fourth infra secondaries vin...
US asset manager Blackstone has raised $1.8 billion at an initial close for the fourth vintage of its infrastructure secondaries strategy
DEG adds $20m to Adenia V commitment
DEG has today confirmed an additional commitment to Adenia Partner’s fifth fund
KKR acquires Tigo Colombia towers
KKR has acquired around 1,100 wireless communications towers from Tigo Colombia, a subsidiary of Millicom
ANZ promotes 3 to leadership roles
ANZ has promoted 3 senior bankers to key leadership positions across its corporate finance business in Asia, including structured finance in Taiwan
GuarantCo wraps sustainability bond in Cambodia
GuarantCo has provided a $70 million guarantee to support a sustainability bond to a Cambodian telecom firm, CamGSM
Ellalink connects LatAm to Europe via subsea cable
Marguerite-backed EllaLink will establish an 8,000km optic fibre submarine connection between French Guiana and continental Europe
Greater Gwent Pensions to up annual infra investments
The Greater Gwent Pension Fund has decided on a 3-year strategy, targeting a 2% annual investment in infra and real assets
abrdn to restructure investment business for cost savings
UK bank abrdn is restructuring its investments business as part of plans to reduce annual costs by at least £150 million by the end of 2025
Ardent Data Centers completes Pennsylvania acquisition
Northern Data Group's Ardent Data Centers has completed the acquisition of a Pennsylvania-based data centre in its attempts to expand its presence across the US and Europe
EAIF commits $39m to west African telecom bond
The Emerging Africa Infrastructure Fund has committed XOF23.5 billion to a XOF75 billion receivables-backed bond issued by securitisation vehicle Fonds Commun de Titrisation de Créance to support West African telecommunications carrier Sonatel