Blackstone poaches Evercore executive for credit unit

Blackstone has hired John Sciales to focus on fund finance within the infrastructure and asset-based credit markets, the executive said on LinkedIn

SES completes Intelsat acquisition, Luxembourg

SES has completed its acquisition of Intelsat, forming a global multi-orbit satellite operator with a combined fleet of 120 satellites across geostationary and medium earth orbits, and strategic access to low earth orbit systems

vCompute to raise $350m for data center expansion, Texas

Texas-headquartered Virtual Compute Corporation is planning to raise $350 million in growth capital for the expansion of its data center operations

GuarantCo, CGCC ink infra deal, Cambodia

GuarantCo, part of the Private Infrastructure Development Group, has signed a counter-guarantee agreement with the Credit Guarantee Corporation of Cambodia for sustainable infrastructure development in the country

Conduit, AB form power partnership, US

Conduit Power has formed a strategic partnership with Gruppo AB for the development of power solutions for data centers, and commercial and industrial customers

PA Data Center Partners, PowerHouse launch JV

Pennsylvania Data Center Partners and PowerHouse Data Centers have formed a JV to develop the PAX AI data hub

CoreWeave to commit $6bn to PA data center

CoreWeave has expressed its intent to commit over $6 billion to a 100MW data center in Lancaster, Pennsylvania

HCOB adds to Portuguese fibre debt raise

Hamburg Commercial Bank has provided a €60 million ticket to Portuguese fibre developer dstelecom

Switch expands credit facilities, US

US-headquartered AI, cloud and enterprise data centers provider Switch has expanded its borrowing base and revolving credit facilities to $10 billion