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