Phoenix Tower receives investment from BlackRock and Grain
Phoenix Tower International has received investment from digital infrastructure investor Grain and BlackRock through their flagship funds and diversified infrastructure business respectively
GDS sells $587m stake to Hillhouse-led consortium
GDS Holdings has sold a 44% stake in DigitalLand Holdings, its international assets holding company, for $587 million, to a consortium led by Hillhouse and including Boyu Capital
Jamaica seeks advisers for broadband PPP
The International Finance Corporation has issued tenders seeking advisers for a large-scale broadband project in Jamaica
SMBC promotes head of North America infra finance
Sumitomo Mitsui Banking Corporation Americas has named Quynh Tran as joint general manager and deputy head of global structured finance, effective 1 April 2024
AFC closes $1.16bn syndicated loan, Africa
Africa Finance Corporation has closed its largest debt facility – a $1.16 billion syndicated loan – drawing in lenders from the Middle East, Europe and Asia to develop critical infrastructure projects in Africa
Marinus Link splits 3 public ways, Oz
Marinus Link – the planned telecoms and electricity transmission link between Tasmania and mainland Australia – has been transitioned to a 3-way public sector ownership