Amazon pledges to invest £1.8bn into UK digital infrastructure Apr 11, 2022 The news comes as demand for digital infrastructure continues to rise as well as to bolster the country’s infrastructure assets, doubling AWS’ total investment in the UK. As of 2018, AWS had three availability zones in its London Region, as well as various edge locations across the UK which are connected to the AWS region […] Posted by: Mya Driver Read more
Engineering consultant backs Proptech pioneer for next stage of growth Feb 7, 2022 Pioneering smart city design and planning platform, VU.CITY has secured Series A investment from Ramboll. The global engineering and design consultancy joins existing shareholder Grosvenor Hill Ventures, which is the technology investment subsidiary of global real estate advisory firm Savills, and GIA Surveyors to support VU.CITY’s journey to become a global cross-market platform. Over the […] Posted by: Mya Driver Read more
Gresham House invests £164m in Borderlink Broadband Jan 11, 2022 Gresham House’s British Sustainable Infrastructure Fund (BSIF) has invested £164m (€191m) in fibre broadband provider Borderlink Broadband. Gresham House said the investment is being made via its BSIF I and BSIF II funds. Borderlink, trading as rural broadband provider GoFibre, serves residential and business customers across Scotland, Cumbria and Northumberland. BSIF’s £164m funding, together with […] Posted by: Mya Driver Read more
Macquarie Asset Management acquires significant stake in Virtus Data Centres Aug 2, 2022 St Telemedia Global Data Centres (ST Telemedia) has reached an agreement for Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, to acquire a significant minority stake in leading data centre provider VIRTUS Data Centres (VIRTUS). VIRTUS provides colocation and cloud connectivity services to blue-chip clients, including global technology companies and enterprise clients. Its portfolio […] Posted by: Mya Driver Read more
Manchester United’s new stadium plans take step forward Sep 9, 2024 Manchester United, Trafford Council, and the Greater Manchester Combined Authority (GMCA) have entered into a strategic partnership to maximise the growth and regeneration opportunities of the Trafford Wharfside area. An advisory team, led by an independent director, will be appointed to support the ongoing work to develop an ambitious vision for the area around Old […] Posted by: Deividas Krupstas Read more
Mubadala commits further £300m to support CityFibre growth plans Mar 21, 2022 CityFibre shareholder Mubadala Investment Company has committed a further £300m in equity to support its participation in Building Digital UK’s (BDUK) ‘Project Gigabit’ rural programme. The new equity commitment, enabled by the infrastructure vertical of the UAE/UK Sovereign Investment Partnership, builds on Mubadala’s initial £500m investment into CityFibre in September 2021. The investment company has […] Posted by: Mya Driver Read more
Virgin Media O2 commits to £10bn investment into digital infrastructure Feb 15, 2022 Virgin Media O2 has revealed that its 5G network has now hit two thirds of the capital, giving London the largest 5G footprint within the group. The telecoms giant has committed to investing at least £10bn in the UK, and has delivered 5G to more than 2,000 sites across the country last year. It has […] Posted by: Mya Driver Read more