UPDATE: Ares reaches final close on Japan data centre fund
Ares Management has reached final close on its first Japan-focused data centre development fund, securing ¥350 billion in total equity commitments
Ardian eyes infra co-invest fund, France
Ardian expects to launch a dedicated infrastructure co-investment strategy in the longer term after having made several co-invest deals into the sector over 2024, IJGlobal can reveal
D9 completes SeaEdge sale, repays RCF, UK
Digital 9 Infrastructure has completed the sale of its interest in SeaEdge UK1 to Stellium Datacenters for £10.7 million, using the proceeds to repay and cancel its revolving credit facility as part of an ongoing fund wind-down strategy
Cordiant strengthens infra direct lending team, UK
Cordiant Capital has appointed Haig Bezian as managing director within its infrastructure credit investment practice, as the firm seeks to expand its direct lending platform across mission-critical infrastructure and real assets
JP Morgan to syndicate $9bn financing for TX data centre
JP Morgan is looking to syndicate the $9 billion in debt financing it has provided for OpenAI’s Abilene, Texas-sited data centre facility, IJGlobal can reveal
Ripple Fiber agrees to acquire BridgeNET Fiber, US
Ripple Fiber has agreed to acquire BridgeNET Fiber, an internet service provider based in Statesville, North Carolina
Citi appoints head of markets, Indonesia
Citi has appointed Benny Aroeman as its head of markets for Indonesia
B.Grimm, Digital Edge form JV for Thai data centres
B.Grimm Power and Digital Edge have formed a JV to develop hyperscale and AI-ready data centre campuses in Thailand
AirTrunk expands JHB1 data centre, Malaysia
AirTrunk has completed 50MW of liquid-cooled capacity at its data centre campus in Malaysia and is now expanding by adding 100MW of cloud and AI capacity
Future Growth Capital appoints head of manager selection,...
Future Growth Capital has appointed Joanne Bugg as head of manager selection, expanding its senior investment team as the firm scales its UK and global private markets strategies
KT Corp preps US dollar bond sale
South Korean telecommunications company KT Corporation has mandated 5 banks to arrange investor meetings ahead of a potential US dollar-denominated offering
Magnesium Capital partners with ABEC, UK
Magnesium Capital has partnered with UK-based building management specialist ABEC, acquiring a majority stake to support the company’s international growth and acquisition strategy in the energy efficiency space
LatAm subsea cable launches
Cirion Technologies’ South American Crossing-2 subsea cable route has been completed and the Stonepeak vehicle has now launched efforts to onboard clients, IJGlobal can reveal
KKR sells minority stake in Philippines tower co
Global investment firm KKR has agreed to sell a minority stake in Asia-based digital infrastructure platform Pinnacle Towers to British Columbia Investment Management Corporation
Yondr expands bank group for Malaysia DC
At least a dozen banks have joined the over $900 million debt financing for Yondr Group's 98MW data centre in Malaysia, IJGlobal can reveal