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
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
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
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
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