India, Maldives ink MoU
The Ministry of Fisheries and Ocean Resources of Maldives and the Ministry of Fisheries, Animal Husbandry and Dairying of India have signed an MoU to collaborate on the fisheries and aquaculture sectors
TECO secures data centre projects, Malaysia
TECO Electric & Machinery has secured data centre projects in Selangor and Johor Bahru, Malaysia, valued at more than M$170 million
DayOne seals PPA for Singapore DC
DayOne, the international arm of Chinese data centre operator GDS Holdings, has signed a 10-year PPA with local utility major Sembcorp Industries for its inaugural 20MW DC in Singapore
Armada secures data center funding, US
Armada has secured a $131 million strategic funding round with various investors to scale production of a full-stack modular data center in the US
Cordiant-managed fund acquires €20m in DCU, Belgium
Cordiant Digital Infrastructure has syndicated parts of its investment in Belgian company Datacenter United to another fund managed by Cordiant Capital
KKR, T-Mobile complete Metronet acquisition, US
KKR, through a joint venture with T-Mobile, has completed the acquisition of the US-based fiber-to-the-home provider Metronet from Oak Hill Capital and the Cinelli Family, creating a scaled platform to accelerate fiber deployment
Sparkle, Algérie Télécom sign MoU for subsea cable, Italy
Sparkle and Algérie Télécom have signed a Memorandum of Understanding to develop a subsea cable between Italy and Algeria, supporting Algeria’s digital transformation with expanded connectivity to Europe
ArcLight acquires Advanced Power, US
ArcLight Capital Partners has acquired Boston and Houston-based power developer and manager Advanced Power for an undisclosed sum
Enagás to acquire Axent stake, Spain
Enagás, which holds a 49% stake in Axent, has agreed to acquire the remaining 51% interest from Axión for €37.5 million