3i Infrastructure buys subsea fibre optic network – 3i Infrastructure has agreed to invest about $512m to buy a 100% stake in Global Cloud Xchange (GCX). Global Cloud Xchange is a leading global data communications service provider and owns one of the world’s largest private subsea fibre optic networks. The company provides high-bandwidth connectivity to a […]
Schroder UK Public Private backs Attest – Schroder UK Public Private Trust has made a $7.0m investment in market research technology platform, Attest Technologies, as part of that company’s $64m Series B funding round. The investment in Attest is the third new private equity investment since the appointment of Schroder Investment Management as manager. Attest is […]
In QuotedData’s morning briefing 18 November 2021: Octopus Renewables (ORIT) says that construction has started at its Cumberhead wind farm. The Cumberhead project, which is expected to be fully operational by Q4 2022, is a 50MW onshore wind farm located in South Lanarkshire, Scotland, and will consist of 12 Nordex N133 turbines and have an […]
Aquila European says Norwegian ‘Rock’ wind farm still going ahead – On October 11 2021, the Norwegian supreme court ruled that two windfarms – Storheia and Roan – had violated the traditional reindeer herding rights of the local Sami people. The herders said that the operational wind farms were disturbing the reindeer and affecting their […]
Troy struggles as UK economy recovers – Troy Income & Growth failed to match its benchmark over the 12 months ended 30 September 2021. The trust produced a return of 10.2% in NAV terms and 9.6% in share price terms. This compares to 27.6% for the All-Share Index. This has dragged down the fund’s long-term […]
In QuotedData’s morning briefing 16 November 2021: International Public Partnerships (INPP) says that the consortium that it is a member of (alongside Amber Infrastructure Group and Transmission Investment) now owns the 400MW Rampion offshore wind farm transmission link. The offshore wind farm is located approximately 13km off the Sussex coast and consists of 116 x […]
About a year ago, ahead of last year’s ESG conference, I wrote an article about a fund that was looking to launch – Schroder BSC Social Impact (SBSI). In the event, it made it across the finishing line and IPO’d with assets of £75m, short of its £100m target but a reasonable size, nonetheless. I […]
Pantheon Infrastructure IPO massively oversubscribed – Pantheon Infrastructure Plc (PINT) has successfully raised gross proceeds of £400m, through its placing, offer for subscription and intermediaries offer of ordinary shares at an issue price of 100p per share. Subscription shares will be issued to IPO investors on the basis of one subscription share for every five ordinary […]
Low Chinese exposure helped Schroder Oriental – Schroder Oriental Income Fund has published results for the year ended 31 August 2021. The company beat its benchmark by a decent margin over the period, producing an NAV return of 21.9% against that the MSCI Pacific ex Japan Index’s 12.3%. The dividend is 10.5p, up from 10.3p last […]
In QuotedData’s morning briefing 11 November 2021: Third Point Investors (TPOU) looks sets to benefit from the IPO of Rivian Automotive. It invested $10m in the electric vehicle maker in January 2021, followed by a subsequent $167m investment in the company’s convertible note financing in July 2021. Third Point added to its position in the […]
