Midmarket fund to close in H2

A UK-based investor in the mid-market space expects to hold final close on the third vintage of its infrastructure fund in H2, IJGlobal has learned

JV created for Nordic data centre pipeline

Four leading Norwegian telecoms and energy companies have launched a joint venture to drive the country’s data centre market growth

NEXI invests in African Trade Insurance Agency

NEXI has signed a $14.8 million capital subscription into the ATI – becoming the newest member of the African risk insurer

EXA picks up Croatia's Unitel

British hyperscale connectivity company EXA Infrastructure has acquired Croatian telco Univerzalne Telekomunikacije for an undisclosed sum

Fund over 50% to target ahead of fresh deals

An Atlantic-investing infrastructure fund has progressed fundraising to over 50% of its target, and is advanced on 2 fresh deals

AIIB responds to allegations of ex-comms chief

AIIB has agreed to conduct an internal review after Canada said it would freeze ties with the lender following allegations by its former comms chief that it is dominated by Communist Party members

EU approves $27m for Sub-Saharan Africa

The European Union has mobilised €25 million to improve the financial management capacity of partner countries across Africa

ADB to support Turkmenistan

Asian Development Bank is planning to launch a country partnership strategy to support private sector and human capital development with an emphasis on climate change in Turkmenistan

JZI sells stake in Portuguese telecoms investor

Private equity investor JZ International has sold its stake in Lisbon-based Blue Sites Telco to Everest Infrastructure Partners

Yotta prints India’s first data centre local bond

Indian real estate developer Hiranandani Group-backed Yotta Infrastructure Solutions has become the first borrower to raise money from the local currency market for its data centre, offering a template for other borrowers to follow suit

UPDATE: Greece signs broadband PPP bundle

Greece’s ministry of digital governance last week signed a €350 million ultra-fast broadband PPP with private telecoms company OTE

OMERS hires digital infra lead

OMERS Infrastructure has hired London-based Chris Hogg this month as director to lead its investments in digital infrastructure in Europe

Spain to benefit from EU 5G funding

The European Commission has approved a €680 million funding package to support 5G network access in rural Spanish communities

Italian fund to hit final close in Q4

An Italian fund manager will hold a final close on its renewables and digital vehicle by year-end – having raised €400 million of its €500 million target

Adamo secures financing for fibre network in Spain

Fibre optic operator Adamo has signed a €350 million financing facility to expand its fibre network in rural areas in Spain