Majumdar promoted at StanChart, India
Pritha Majumdar has been promoted as a managing director, leverage and acquisition finance, Standard Chartered, India, effective immediately
StanChart appoints Ng as executive director
Standard Chartered Bank has promoted Sherina Ng to executive director, effective immediately
Nucor acquires data centre manufacturer in California
Nucor Corporation has acquired Southwest Data Products, a California-based manufacturer and installer of data centre infrastructure, for $115 million
Phoenix Tower receives investment from BlackRock and Grain
Phoenix Tower International has received investment from digital infrastructure investor Grain and BlackRock through their flagship funds and diversified infrastructure business respectively
BT, Global to upgrade UK digital infra
BT and British media group Global have teamed up to upgrade 2,000 payphones across the UK
GDS sells $587m stake to Hillhouse-led consortium
GDS Holdings has sold a 44% stake in DigitalLand Holdings, its international assets holding company, for $587 million, to a consortium led by Hillhouse and including Boyu Capital
Diamfab closes raise for semiconductors, France
French semiconductor diamond tech business Diamfab has completed the first round of fundraising to accelerate its diamond deeptech development
Jamaica seeks advisers for broadband PPP
The International Finance Corporation has issued tenders seeking advisers for a large-scale broadband project in Jamaica
MasMovil, Orange merger completes, Spain
MásMóvil and Orange Spain’s 50:50 merger has completed with the new joint venture, known as MásOrange, starting operations yesterday
OIA launches $5.2bn Future Fund
The Oman Investment Authority launched a new economic development fund yesterday
TPT launches infrastructure fund for DC pensions
TPT Retirement Solutions has launched a global infrastructure fund to provide UK defined contribution pension scheme members with exposure to infrastructure assets
SMBC promotes head of North America infra finance
Sumitomo Mitsui Banking Corporation Americas has named Quynh Tran as joint general manager and deputy head of global structured finance, effective 1 April 2024
Cornwall LGPS commits £40m to Octopus transition fund
Cornwall Pension Fund has today committed £40 million to an Octopus Energy Generation fund
AFC closes $1.16bn syndicated loan, Africa
Africa Finance Corporation has closed its largest debt facility – a $1.16 billion syndicated loan – drawing in lenders from the Middle East, Europe and Asia to develop critical infrastructure projects in Africa
Wessex wins funding for fibre roll-out
UK fibre provider Wessex Internet has been awarded an £18.8 million contract under the UK government’s Project Gigabit contract