InfraBridge’s portfolio company, North America Data Center Acquisition (NADCA), has secured a $65m (€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: “We are delighted to partner with InfraBridge on this transaction, further strengthening our long-standing relationship with their team.

“Having supported Expedient since 2020, this investment reflects our continued commitment to high-quality infrastructure assets with strong operating fundamentals.”

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