A property development entity in Elk Grove Village, Illinois, is seeking to raise US$850 million through a high-yield bond offering to finance the construction of a new data centre that will be leased to CoreWeave (NASDAQ: CRWV). The proposed transaction marks the latest financing tied to the rapid expansion of AI infrastructure across the United States and adds to a growin...

Goldman Sachs Alternatives has secured more than US$3 billion towards its US$4 billion target for its latest mid-market infrastructure fund, completing an initial close less than six months after launching the vehicle. The firm said West Street Infrastructure Partners V (WSIP V) attracted commitments from sovereign wealth funds, pension plans and insurance companies across ...

PolarDC Group has raised €800 million (US$912 million) through a senior secured bond issue in the Nordic debt market, marking the largest transaction of its kind in the region. The company, which is backed by private equity firm H.I.G. Capital, completed the financing through its wholly owned subsidiary, PolarDC Finance NO1 AS. According to the group, the transaction ...