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Brookfield, Alecta close $860m Nordic tower deal

Swedish multinational Telia Company has sold 49% of its tower business in Finland and Norway to Brookfield (NYSE: BAM) and Alecta. The two parties have paid €722 million (around US$857 million at the time of writing) for the large share portion. The proceeds will be retained for deleveraging, Telia said in a statement. Based on the Q1 2021 financial statements and incl...

Amazon tops 10GW in renewable energy investments

Amazon (NASDAQ: AMZN) has announced 14 new renewable energy projects in Canada, Finland, Spain, and the US that will help the company power its operations using green energy sources. With the new set of projects, Amazon has now a total of 232 renewable energy projects globally, including 85 utility-scale wind and solar projects and 147 solar rooftops on facilities and store...

Equinix, GIC enter fresh $3.9bn data centre joint venture

Equinix, Inc. (Nasdaq: EQIX) has announced agreements for additional joint ventures in the form of limited liability partnerships with GIC, Singapore's sovereign wealth fund, which when closed and built out will bring the xScaleTM data centre portfolio to greater than $6.9 billion across 32 facilities globally. xScale data centres add to Equinix's global platform of more th...

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