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

Vodafone reduces its stake in Vantage Towers

Vodafone has sold a stake in Oak Holdings, the JV that owns 89.3% of Germany's Vantage Tower, to a consortium led by Global Infrastructure Partners and KKR for €500 million

Nexfibre secures loan for broadband roll-out

British fibre infrastructure JV Nexfibre has secured a £250 million debt package from the UK Infrastructure Bank to support its planned roll-out of hyper fast fibre broadband

GI Partners takes majority stake in hyperscale data centres

Middle-market private equity firm GI Partners has acquired a majority stake in 2 hyperscale data centres in Elk Grove Village, Illinois

Omers invests in Canadian telecoms co

Omers Infrastructure has decided to invest in Beanfield Technologies, the owner and operator of a 100% fibre infrastructure network servicing the entities in Toronto, Vancouver and Montreal

StratCap acquires digital infra assets valued at $90m

Investment management firm StratCap has acquired nearly $90 million of essential digital infrastructure assets including 13 cell towers and a data center

Finnish fibre raises €250m in funding round

Finnish fibre infrastructure builder and operator Valoo is to benefit from an about €250 million funding package from a pan-European lending group

EllaLink reshuffles senior sales team

Marguerite-backed EllaLink has restructured its senior sales team with the creation of 2 units

AfDB loans to Cameroon transport, energy

African Development Bank has approved a €63.09 million loan to Cameroon to support entrepreneurship and advance industrial skills

SMBC closes $200m fund for Colombian energy, infra

Sumitomo Mitsui Banking Corporation and financial advisory firm LarrainVial have closed a $200 million Colombia-focused debt fund

Update: Future Fiber raises debt financing

Future Fiber has made its debut debt to deliver roll-out open-access fiber-to-the-home networks across the US