EQT Infrastructure VI Aims to Invest EUR 20 Billion in Infrastructure

EQT Infrastructure VI is a significant investment fund that's making waves in the infrastructure sector. It aims to invest EUR 20 billion in various infrastructure projects.

The fund is designed to support the growth of infrastructure companies in Europe and beyond. It will focus on sectors such as energy, transportation, and telecommunications.

EQT Infrastructure VI is a substantial commitment, with a target size of EUR 20 billion. This investment will enable the fund to support a wide range of infrastructure projects.

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EQT's Infrastructure VI fund has invested in EdgeConneX, a data center company, to further move the company into hyperscale data center development.

EQT is already a majority shareholder in EdgeConneX, having acquired the company from an investor group led by Providence Equity Partners in August 2020.

The investment firm's Infrastructure IV fund acquired EdgeConneX for an undisclosed fee, though previous rumors of a sale suggested a potential $2.5 billion price tag.

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EQT's Infrastructure V fund also invested in EdgeConneX the following year.

EdgeConneX operates more than 40 data centers globally and has dozens more in development.

The company was initially focused on smaller-scale data centers in the US, but has gradually expanded its scope and geography.

EdgeConneX plans to build out "hundreds of megawatts of data center capacity" to support hyperscale customers.

EQT said this investment will see EdgeConneX expand into new markets.

Jan Vesely, partner within EQT Infrastructure's Advisory team, stated that EdgeConneX is well-positioned to be a leading provider of critical digital infrastructure worldwide.

EQT's Infrastructure VI fund is expected to be 30-35 percent invested after this transaction.

EdgeConneX CEO Randy Brouckman added that the company has taken a customer-centric approach, focused on giving customers the capacity they need, in the right configuration, in the right markets, at the right time.

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EQT Group's Post is a significant development in the world of digital infrastructure. EQT is pleased to announce that the EQT Infrastructure VI fund has entered into a joint venture with T-Mobile to acquire Lumos from EQT's predecessor fund EQT Infrastructure III.

This joint venture brings together EQT's digital infrastructure and fiber expertise, T-Mobile's brand power and sales and marketing engine, and Lumos' expertise in rapidly scaling critical fiber broadband infrastructure. The new partnership will deliver best-in-class high-speed fiber internet connectivity to customers across the U.S.

The EQT Infrastructure VI fund has also invested in EdgeConneX, a colocation provider, to further move the company into hyperscale data center development. This investment will see EdgeConneX build out "hundreds of megawatts of data center capacity" to support hyperscale customers.

EQT's Infrastructure VI fund is expected to be 30-35 percent invested after this transaction, and EdgeConneX is already a majority shareholder in the company. EQT's Infrastructure IV fund acquired EdgeConneX in August 2020, and the company has since expanded rapidly, operating more than 40 data centers globally and having dozens more in development.

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