£110m technology campus planned in Gloucester Oct 12, 2021 Gloucester City Council and Reef Group, the mixed-use regeneration specialist, are targeting the booming digital and cyber-technology industry with the launch of The Forum, a new technology campus in the heart of Gloucester. The £107m project, which is being delivered by Reef Group in a Joint Venture with Gloucester City Council, offers a blueprint for […] Posted by: Nathan Spencer Read more
£1bn Golden Valley Development selects development partner JV Aug 4, 2021 The Golden Valley Development has selected HBD X Factory, a joint venture between UK property developer HBD and the international innovation campus developer Factory, to be their preferred development partner. The Golden Valley Development will create up to 12,000 new jobs, 3,700 homes and 2 million square feet of commercial space as part of a […] Posted by: Nathan Spencer Read more
Amazon pledges to invest £1.8bn into UK digital infrastructure Apr 13, 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: Nathan Spencer Read more
Aviva Investors providers £100m of additional funding to Truespeed – to deliver full fibre networks to communities Jan 10, 2022 Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces it has provided up to an additional £100 million of funding to Truespeed, to extend the roll-out of the Bath-based provider’s ultrafast, gigabit-capable full fibre network across South West of the UK. It is the second investment made by Aviva Investors managed funds […] Posted by: Nathan Spencer Read more
Glasgow collaborates with UK Infrastructure Bank to accelerate Clyde Metro development Apr 18, 2023 A project that seeks to accelerate the development of Clyde Metro has been agreed between Glasgow and UK Infrastructure Bank (UKIB). UKIB has been working with the council to support the development of financial and commercial plans for the mass transit project which was recently confirmed by the Scottish Government as a key priority for […] 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: Nathan Spencer Read more
IBM and UK Government invest £210m in new AI and quantum computing centre Jun 9, 2021 A new artificial intelligence and quantum computing centre has been launched in North West England, thanks to a £210 million investment from the Government and IBM to help cement the UK’s status as a science superpower. New centre launched in partnership with IBM to cement quantum and artificial intelligence (AI) expertise £210 million investment over […] Posted by: Nathan Spencer Read more
Kao Data secures £130m to fund datacentre expansion across UK Oct 12, 2021 Harlow-based colocation provider Kao Data has secured up to £130m in additional funding as it sets it sights on expanding its operations after securing a sizeable financial services client. The company, whose datacentre campus in Essex is home to the UK’s fastest supercomputer, Cambridge-1, has signed a deal with infrastructure investment company Infratil that will result […] Posted by: Nathan Spencer Read more
Leeds Headquartered UK Infrastructure Bank opens for business Jun 18, 2021 UK businesses and communities will have billions of pounds available from today (17 June) as Chancellor Rishi Sunak opens the new UK Infrastructure Bank to support local growth and tackle climate change. Launched today at its headquarters in Leeds, the UK Infrastructure Bank will be tasked with accelerating investment into ambitious infrastructure projects, cutting emissions […] Posted by: Nathan Spencer Read more
Macquarie Asset Management acquires significant stake in Virtus Data Centres Aug 19, 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: Nathan Spencer 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: Nathan Spencer Read more
Scotland is a beacon to showcase the transformational benefits of digital connectivity Dec 15, 2021 The rollout of 5G in Scotland is delivering on its promise to create social, economic and environmental benefits. The investment in the technology is now paying impressive dividends and attracting interest in collaborations to accelerate its adoption throughout cities, towns, and Scotland’s vast rural landscape. Meanwhile new jobs and opportunities are being created across the […] Posted by: Nathan Spencer Read more
