Cumulus Growth secures investment for data centre
Cumulus Growth, a wholly-owned subsidiary of Talen Energy, has secured up to $175 million in investment from Orion Energy Partners
CrossBoundary Energy steps into Sierra Leone
Africa-focused power developer CrossBoundary Energy has agreed with Zoodlabs to develop a $2 million, 1.2MW solar plus storage project which will supply power to an undersea fibre optic facility in Sierra Leone
AMP Capital carves out new market in telecoms site-leasing
AMP Capital’s infrastructure equity business has ventured into the nascent market of aggregating mobile telecoms site leases
A&O hires tech M&A partner
Allen & Overy has hired Dario de Martino as a partner in its M&A practice in New York
Proximity Data Centres acquires Swindon facility
Proximity Data Centres, the UK edge colocation data centre provider, has added a new site based in Swindon to its portfolio
Cube III hits first close
Cube Infrastructure Managers has reached a €1 billion first close for its third flagship fund
Operis, Apta Ventures partnering in Asia
Project finance advisory firm Operis Group and Singapore-based Apta Ventures agreed to work together on advising clients procuring financing for energy and infrastructure projects in Asia
US grant for Southern African internet rollout
USTDA has signed a grant to South African ISP Jenny Internet to fund a feasibility study into expanding low-cost internet across the Southern African region
RFP issued for Ethio Telecom sell-off
Ethiopia’s Ministry of Finance has issued the RFP documents for the partial privatisation of Ethio Telecom
DWS-owned NorthC acquires colocation business
DWS-owned NorthC Group Deutschland has acquired IP Exchange for an enterprise value of €44 million
Salim seeks $500m for Indonesia data centres
Indonesia-based conglomerate Salim Group is seeking up to $500 million in loans to finance the development and operation of data centres at its industrial park
France to fund Indonesia data centre
The French government plans to provide a $190 million loan to the government of Indonesia to develop a national data centre, including pre-development activities
EBRD appoints new Kazakhstan director
The multilateral named Hüseyin Özhan as the new director for Kazakhstan
Meridiam racks up 5 new funds
Meridiam has unveiled a slew of fund closings this year, having raised $6.1 billion for the new vehicles
GTT completes sale of infra division
Telecoms service provider GTT Communications has completed of the sale of its infrastructure division to I Squared Capital