Prep works commence for Greenland subsea cable
Greenlandic telecommunications and postal company Tusass has launched a marine survey in preparation for an upcoming subsea cable
Keppel infra fund obtains loan facilities
The board of directors of Keppel Infrastructure Fund Management have secured term loan facilities amounting to $97.66 million
Finance Consult opens office in Casablanca
Finance Consult has opened a subsidiary in Casablanca to oversee the firm’s energy and infra advisory work across Africa
Basalt infra hires update, London
Dalmore Capital refugee Pedro Andrade Maia has cropped up at Basalt Infrastructure Partners in a vice president role, joining Andrew Marsden who joined as head of energy transition and sustainability earlier this month
Baker Botts hires Ashurst partner, Singapore
Baker Botts has made a partner-level lateral hire, bringing in Andrew Roche from a rival law firm to join its Singapore office
Gresham House fund pulls in £80m LPs
Gresham House has received an £80 million investment from Bedfordshire and Staffordshire pension funds to the second vintage of its UK-focused investment vehicle
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