Singapore to resume data center growth

Singapore has decided to award 80MW of data center capacity to 4 operators as part of a pilot Data Center-Call for Application exercise, following its data center growth policy reversal in 2022

ICG appoints CFO

Listed alternative asset manager Intermediate Capital Group has appointed David Bicarregui as chief financial officer and executive director

Finnish FTTH service reaches refi close

Finland’s largest fibre to the home company Valokuitunen has successfully closed a €400 million refinancing deal provided by a consortium of lenders

Philippines sets up sovereign wealth fund

Philippines' president Ferdinand Marcos has given the nod to create country's first sovereign wealth fund - the Maharlika Investment Fund

Ubiik acquires Mimomax Wireless in Nz

Taiwanese smart metering and energy management solution provider Ubiik is acquiring Kiwi wireless solutions provider Mimomax Wireless for utilities and critical infrastructure

Eurazeo closes second smart city fund

Eurazeo has held a final closing on its Eurazeo Smart City Fund II 1 at €400 million, exceeding the initial target

Funds Report – H1 fundraising hit by external factors

The first half of 2023 was marred by rising interest rates and lowest fundraising in recent years. Investors continued to pile into the 5 largest infrastructure funds, continuing a trend over the last 4.5 years

USS invests in London fibre growth

The UK’s Universities Superannuation Scheme pension scheme is to invest £150 million in G.Network, a London-based fibre provider

Vodafone reduces its stake in Vantage Towers

Vodafone has sold a stake in Oak Holdings, the JV that owns 89.3% of Germany's Vantage Tower, to a consortium led by Global Infrastructure Partners and KKR for €500 million

Nexfibre secures loan for broadband roll-out

British fibre infrastructure JV Nexfibre has secured a £250 million debt package from the UK Infrastructure Bank to support its planned roll-out of hyper fast fibre broadband

GI Partners takes majority stake in hyperscale data centres

Middle-market private equity firm GI Partners has acquired a majority stake in 2 hyperscale data centres in Elk Grove Village, Illinois

Omers invests in Canadian telecoms co

Omers Infrastructure has decided to invest in Beanfield Technologies, the owner and operator of a 100% fibre infrastructure network servicing the entities in Toronto, Vancouver and Montreal

StratCap acquires digital infra assets valued at $90m

Investment management firm StratCap has acquired nearly $90 million of essential digital infrastructure assets including 13 cell towers and a data center

Finnish fibre raises €250m in funding round

Finnish fibre infrastructure builder and operator Valoo is to benefit from an about €250 million funding package from a pan-European lending group