ABC Impact II reaches first close at $550m

Temasek-backed ABC Impact Fund II has today reached its first close, with assets under management now exceeding $550 million

TIM Group receives approval for NetCo sale

TIM Group has received the necessary approvals to closed the sale of NetCo to KKR, following a strategic review by the Italian government

Miller, Secen launch infra manager, Australia

Infrastructure veterans Jim Miller and Damian Secen have launched Invalorem, an asset management firm based in Melbourne, Australia

UAE, Kazakhstan ink pact for data centers

The UAE have inked an MoU to develop data centers and artificial intelligence projects in Kazakhstan

Brookfield’s Evoque closes Cyxtera acquisition

Evoque Data Center Solutions has closed the acquisition of Cyxtera’s data centre portfolio, combining their forces to create a data centre company with more than 50 locations around North America

Cordiant Digital completes Norkring Belgie acquisition

Cordiant Digital has completed the acquisition of Norkring Belgie for a total enterprise value of €6.2 million

Sofiac secures €60m from Mirova-led investors

Canada-based energy transition services firm Sofiac has secured €60 million from investment managers Mirova, ADEME Investissement, and Fondaction to build-out its service offering in France

General Atlantic acquires Actis, UK

New York private equity fund General Atlantic has agreed to acquire UK-based sustainable infrastructure Actis, as mainstream investors continue their push into infrastructure

EAIF raises $294m in debt financing

Emerging Africa Infrastructure Fund has raised $294 million of debt facilities, over half its $500 million target for 2025 which the fund set in 2022

Connecticut Retirement fund approves infra pacing plan

Connecticut Retirement Plans and Trust Funds plans to invest $500 million in infrastructure in 2024, marking a decrease of $200 million on 2023

UK media infra firm closes £350m refi

Wildstone, an Antin-backed outdoor media infrastructure provider, has completed a £350 million refinancing agreement, the first infrastructure debt raised in the out-of-home sector

Kingston and Sutton join London Fund, closes at £250m

The combined pension fund of the London Boroughs of Kingston and Sutton has committed £55 million to The London Fund, which closed at £250 million

Octopus Energy invests £200m in Deep Green

Octopus Energy has invested £200 million in Deep Green, a sustainable data centre company repurposing heat generated from data collection

Seth Tan joins OCBC from SMBC

Seth Tan has started at OCBC as the managing director and head of corporate banking China, he announced on social media yesterday