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