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