InfraBridge鈥檚 portfolio company, North America Data Center Acquisition (NADCA), has secured a $65m (鈧56.1m) loan from the Sequoia Economic Infrastructure Income Fund (SEQI).
Sequoia Investment Management Company (SIMCo) said its FTSE-250-listed fund SEQI has provided the private loan facility as part of a broader $430m refinancing NADCA has secured for its US data centre business Expedient.
Dolf Kohnhorst, head of Infrastructure at SIMCo, said: 鈥淲e are delighted to partner with InfraBridge on this transaction, further strengthening our long-standing relationship with their team.
鈥淗aving supported Expedient since 2020, this investment reflects our continued commitment to high-quality infrastructure assets with strong operating fundamentals.鈥
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