Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
UK altnet fibre group Netomnia, along with ISP sister company YouFibre, has raised £230 million in committed debt financing. Netomnia has completed its latest fundraising from a group of six bank lenders, comprised of HSBC UK, ING, NIBC, RBC, Standard Chartered, and UKIB. The financing packa...
March 26
Global alternative asset manager Brookfield Asset Management is reportedly in "advanced talks" to acquire a majority stake in Data4, a Paris-based data centre operator. According to sources familiar with the matter, the deal could be worth up to €3.5 billion (US$3.77 billion), Reuters reported. The talks between Brookfield and Data4 are said to be exclusive, and a deal...
March 26
Global data centre developer and operator CyrusOne has appointed Brent Behrman to the role of Chief Sales Officer. In this position, Behrman will lead CyrusOne’s global sales and marketing teams. The executive joined CyrusOne, which is owned by funds managed by Kohlberg Kravis Roberts (KKR) and Global Infrastructure Partners (GIP), in 2016 and has served in a variety o...
March 26
EQT-owned EdgeConneX has executed US$3.3 billion in sustainability-linked financing to be deployed in the development of critical digital infrastructure. In October 2022, EdgeConneX reached financial close of a €2.4 billon sustainability-linked (re)financing EdgeConneX pan-EMEA data centre portfolio of operational facilities across seven jurisdictions and provided CapEx f...
March 24
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