Phoenix Tower receives investment from BlackRock and Grain

Phoenix Tower International has received investment from digital infrastructure investor Grain and BlackRock through their flagship funds and diversified infrastructure business respectively

BT, Global to upgrade UK digital infra

BT and British media group Global have teamed up to upgrade 2,000 payphones across the UK

GDS sells $587m stake to Hillhouse-led consortium

GDS Holdings has sold a 44% stake in DigitalLand Holdings, its international assets holding company, for $587 million, to a consortium led by Hillhouse and including Boyu Capital

Diamfab closes raise for semiconductors, France

French semiconductor diamond tech business Diamfab has completed the first round of fundraising to accelerate its diamond deeptech development

Jamaica seeks advisers for broadband PPP

The International Finance Corporation has issued tenders seeking advisers for a large-scale broadband project in Jamaica

MasMovil, Orange merger completes, Spain

MásMóvil and Orange Spain’s 50:50 merger has completed with the new joint venture, known as MásOrange, starting operations yesterday

OIA launches $5.2bn Future Fund

The Oman Investment Authority launched a new economic development fund yesterday

TPT launches infrastructure fund for DC pensions

TPT Retirement Solutions has launched a global infrastructure fund to provide UK defined contribution pension scheme members with exposure to infrastructure assets

SMBC promotes head of North America infra finance

Sumitomo Mitsui Banking Corporation Americas has named Quynh Tran as joint general manager and deputy head of global structured finance, effective 1 April 2024

Cornwall LGPS commits £40m to Octopus transition fund

Cornwall Pension Fund has today committed £40 million to an Octopus Energy Generation fund

AFC closes $1.16bn syndicated loan, Africa

Africa Finance Corporation has closed its largest debt facility – a $1.16 billion syndicated loan – drawing in lenders from the Middle East, Europe and Asia to develop critical infrastructure projects in Africa

Wessex wins funding for fibre roll-out

UK fibre provider Wessex Internet has been awarded an £18.8 million contract under the UK government’s Project Gigabit contract

Spanish government acquires 3% stake in Telefónica

The Spanish government has acquired a 3% stake in Telefónica through holding company SEPI

Marinus Link splits 3 public ways, Oz

Marinus Link – the planned telecoms and electricity transmission link between Tasmania and mainland Australia – has been transitioned to a 3-way public sector ownership

BNPP names Guillaume co-head of infra debt

BNP Paribas Asset Management has promoted Vincent Guillaume to co-head of infrastructure debt, based in Paris