This report tracks where institutional and sovereign capital is moving across global infrastructure: who provides it, which vehicles carry it, which project companies receive it, where it is deployed, and what it ultimately finances. Confirmed recipients are distinguished from potential beneficiaries throughout. Figures reflect announced deal values; commitments and disbursements may differ materially.
This edition covers transactions announced 1–14 September 2026. Earlier transactions that frame them (Kuwait Peregrine, Lobito, EIB, Pakistan BEST-PAK) are dated in their entries and marked as context.
The number that matters this fortnight is not a headline total. It is $300 million: a Gulf private investor and a development bank taking equity together in African fibre, split undisclosed. That is the channel we build for. If you have a project ready for that kind of co-investment, we should talk.
Ana-Maria Pruteanu · Principal & Managing Director, Infinity IPO
China’s grid plans set the floor. State Grid’s announced power-grid investment plan for 2026–2030 is $574 billion; China Southern Power Grid’s approximately $26 billion is a separate 2026 spending plan. A large state-led infrastructure programme, and a structural transformation of the energy system of the world’s largest economy.
The selected Gulf examples include institutional-investor transactions and state-led plans. They do not establish the funding mix of the whole regional market. Kuwait’s Project Peregrine ($16B stated transaction value, agreement dated 25 July) is the largest infrastructure joint venture covered in this edition. GCC M&A reached a record $106 billion for the year; H1 2026 was $65.1 billion, with the UAE accounting for 80.9% of disclosed deal value. Saudi Arabia’s PIF-owned Humain is planning a fund that would initially seek $2.5 billion for data-centre development.
AI data centres are creating a structural demand for power that existing grids cannot meet. Google announced €13 billion of Finnish data-centre and supporting-infrastructure investment for 2027–2028, and separately a 22-year power agreement with Fortum that supports the economics of Loviisa’s ongoing life-extension programme; the two are connected but distinct instruments. Schwarz Group’s €5.6 billion STACKIT expansion adds corporate demand for European cloud infrastructure.
Different financing routes are supporting African infrastructure. Africa Finance Corporation and Saudi Arabia’s Vision Invest signed an agreement for a combined $300 million equity investment in WIOCC, whose data centres, fibre and subsea assets it funds;
UK Export Finance provided £655 million of export-credit support for four Angolan transport and power projects.
Neither is a classic development-bank loan: one pairs a development-finance institution with a private investor in an equity agreement, the other is export-credit support linked to eligible procurement.
Compute is now financed like infrastructure. Crusoe raised $3 billion of equity at a $30 billion valuation on the back of a $13 billion, five-year capacity contract with a single customer;
Microsoft was reported to be planning expanded data-centre capacity, about 38 gigawatts by 2032; Space42 and Viasat agreed up to $1 billion of conditional commitments to a shared satellite network. A long-term customer contract can support infrastructure financing; the report does not have the contract terms needed to establish minimum-payment obligations.
Africa’s infrastructure gap is structural, not cyclical. The UN Economic Commission for Africa puts Africa’s climate financing requirement at $277 billion per year; current financing covers only about 11% of that estimated annual requirement. Closing the gap will require public, concessional and private funding. Better-prepared projects can help attract investors, but borrowing costs, debt burdens and risk allocation also matter.
Preqin reported record infrastructure fundraising in 2025. This is wider market context; a fund’s investment focus does not by itself establish where its investors are based or where money has already been deployed.
Mobile edition · swipe →
State Grid’s announced power-grid investment plan for 2026–2030 is $574 billion; China Southern Power Grid’s approximately $26 billion is a separate 2026 spending plan. A large state-led infrastructure programme, and a structural transformation of the energy system of the world’s largest economy.
Infinity Global Infrastructure ReportThey do not establish the funding mix of the whole regional market. Kuwait’s Project Peregrine ($16B stated transaction value, agreement dated 25 July) is the largest infrastructure joint venture covered in this edition. GCC M&A reached a record $106 billion for the year; H1 2026 was $65.1 billion, with the UAE accounting for 80.9% of disclosed deal value. Saudi Arabia’s PIF-owned Humain is planning a fund that would initially seek $2.5 billion for data-centre development.
Infinity Global Infrastructure ReportGoogle announced €13 billion of Finnish data-centre and supporting-infrastructure investment for 2027–2028, and separately a 22-year power agreement with Fortum that supports the economics of Loviisa’s ongoing life-extension programme; the two are connected but distinct instruments. Schwarz Group’s €5.6 billion STACKIT expansion adds corporate demand for European cloud infrastructure.
Infinity Global Infrastructure ReportAfrica Finance Corporation and Saudi Arabia’s Vision Invest signed an agreement for a combined $300 million equity investment in WIOCC, whose data centres, fibre and subsea assets it funds;
UK Export Finance provided £655 million of export-credit support for four Angolan transport and power projects.
Neither is a classic development-bank loan: one pairs a development-finance institution with a private investor in an equity agreement, the other is export-credit support linked to eligible procurement.
Infinity Global Infrastructure ReportCrusoe raised $3 billion of equity at a $30 billion valuation on the back of a $13 billion, five-year capacity contract with a single customer;
Microsoft was reported to be planning expanded data-centre capacity, about 38 gigawatts by 2032; Space42 and Viasat agreed up to $1 billion of conditional commitments to a shared satellite network. A long-term customer contract can support infrastructure financing; the report does not have the contract terms needed to establish minimum-payment obligations.
Infinity Global Infrastructure ReportThe UN Economic Commission for Africa puts Africa’s climate financing requirement at $277 billion per year; current financing covers only about 11% of that estimated annual requirement. Closing the gap will require public, concessional and private funding. Better-prepared projects can help attract investors, but borrowing costs, debt burdens and risk allocation also matter.
Infinity Global Infrastructure ReportThis is wider market context; a fund’s investment focus does not by itself establish where its investors are based or where money has already been deployed.
Infinity Global Infrastructure ReportThis is the mobile edition: the seven signals and the PDF. Charts and all 44 entries are in the PDF and on the desktop page.
This edition reviews infrastructure transactions, financing announcements and investment plans across global markets. It separates project finance from corporate spending plans, fund commitments and customer contracts. Earlier developments are included where they help explain the September picture.
These capital maps show selected examples from the report, not a complete market census or a ranking of cash invested. Amounts retain their stated currency, period and transaction basis. A loan, a spending plan, a fund target and a customer contract are not added together. Approval, signing, closing and payment are different stages; the status shown is the one established by the cited announcement.
Eight maps. Swipe →
Chart 1. Selected infrastructure developments by region
Chart 2. What the announcements support
Chart 3. Different ways infrastructure is financed
Chart 4. China’s grid plans: keep the periods separate
Chart 5. Kuwait: ownership, rights and proceeds
Chart 6. Who plays which role?
Chart 7. Public, private and mixed finance
Chart 8. AI infrastructure: plans are not all the same
The full edition, 45 pages, in PDF. Every entry names the capital provider, the vehicle, the recipient, what the money builds and who benefits, with 62 numbered sources.
We do not collect emails when you download the report.