Italy, Tunisia sign subsea interconnector grant
Two utilities operators have signed an EIB grant agreement to fund an invisible interconnection between Italy and Tunisia in a move towards the first DC electricity connection between Europe and Africa
Merced, CA issues RFP for broadband P3
The City of Merced in California has issued an RFP seeking 1 or more private parties to expand its business and residential broadband access via a P3
Investec expands power and infra team, NY
Mark Harris has joined the power and infrastructure finance team at Investec, operating out of New York
Majority stake acquired in Central European telcos
Emirates Telecommunication Group is to acquire from PPF Group a 50% plus one share in PPF Telecom's assets in Bulgaria, Hungary, Serbia and Slovakia
UPDATE: DBAG invests in infra services provider, Germany
Deutsche Beteiligungs has invested in critical infrastructure services provider TBD Technische Bau Dienstleistungen via a management buyout
InfraCredit backs Hotspot’s solar debt issue
InfraCredit has signed with Hotspot Network a credit enhancement for the latter’s £10 million debt facility for 120 solar-power telecom base stations across 22 states in Nigeria
StepStone launches listed infra fund
StepStone Private Wealth has launched StepStone Private Infrastructure Fund, an evergreen fund that has begun accepting subscriptions and aims to hold its initial closing in Q3 of 2023
ESR closes sustainability-linked loan for Hong Kong DC
Asia-focused real estate and investment company ESR Group has raised HK$1.6 billion through a sustainability-linked loan in Hong Kong for a brownfield data centre project
Costs climb for Irish data centre scheme
The Republic of Ireland’s State Data Centre project has seen costs rise to more than double – now valued at €80 million
Guggenheim appoints MDs
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, has named Tim Murphy and Alex Kozak as new joiners
CoreWeave raises $2.3bn debt financing for AI cloud infra
CoreWeave has secured a $2.3 billion debt financing facility led by Magnetar Capital and Blackstone Tactical Opportunities to expand its AI-driven cloud infrastructure
CBRE names infra client head
Aaron Vale has been named head of infrastructure client solutions at CBRE Investment Management
Palisade to acquire WA-based assets of Consolidated Commu...
Palisade Infrastructure has reached an agreement to acquire all the Washington-based assets of Consolidated Communications, a broadband and business communications provider
Mubadala invests in TX-based data centre co
Mubadala Investment Company, the Abu Dhabi sovereign investor, has invested in Texas-based Aligned Data Centers
OMERS names global infra head, NY
OMERS has named Michael Hill executive vice president and global head of infrastructure