Blue Owl commits $5bn to mega TX data centre

Alternative asset manager Blue Owl has committed $5 billion in equity from multiple real assets funds to an Abilene, Texas data centre project, IJGlobal can reveal

Cordiant partner steps down, UK

Cordiant Capital's Benn Mikula has stepped down from his role as co-managing partner of the investment manager

Hutchison makes bid to take full ownership of Oz unit

Hutchison Telecommunications will launch a takeover bid for all the ordinary shares it doesn't already own in its Australia unit, at a cash price of A$0.032 per share

The infrastructure stink list

Bpifrance and partners to create AI campus, France

Public investment bank Bpifrance, AI platform MGX, Mistral AI and NVIDIA are set to develop an AI campus in France

UPDATE: Royal London to acquire Dalmore Capital, UK

Royal London has entered into an agreement to acquire UK-based infrastructure asset manager Dalmore Capital and its asset servicing arm Resolis

Soluna launches solar-powered data center, US

Soluna has launched Project Annie, a 75MW data center that is powered by a co-located 114MW solar farm in northeast Texas

Nest to launch infrastructure debt fund with IFM, UK

UK-based pension scheme Nest has committed €530 million to seed a new infrastructure debt fund, a first major move since it acquired a stake in the Australian investment manager IFM Investors

Barings raises $950m for lower mid-market PE

Barings has secured nearly $950 million in capital commitments for its Diversified Alternative Equity strategy over the past 6 months, targeting lower middle market private equity buyouts and value-add infrastructure investments

Millicom acquires Telefonica Uruguay

Millicom Spain has completed the acquisition of Telefónica Móviles del Uruguay for $440 million

AEMC overhauls grid connection standards, Oz

The Australian Energy Market Commission has finalised a comprehensive modernisation to the national electricity grid’s technical requirements, addressing challenges from large energy users like data centres and hydrogen electrolysers

Manulife, Midwest Fiber form JV, US

Manulife Investment Management has formed Lakefront Fiber, a joint venture with Midwest Fiber Networks

FixMap expands Polish FTTH network, Poland

Arcus-backed FixMap has acquired Stimo.Net, a fibre-to-the-home operator and ISP with network coverage in Poland’s Podkarpackie and Mazowieckie provinces, as part of its ongoing consolidation strategy

Blue Owl leads 1.2GW data centre financing

Blue Owl, Crusoe and Primary Digital Infrastructure have raised $11.6 billion in debt and equity to build one of OpenAI’s largest data centres in Texas