Siqalane Taho
The fund represents the single biggest capital raise by the manager, boosted by strong support from existing investors.
The fund aims to capitalise on the AI boom with a specialist multi-hundred-million-dollar core-plus digital infra strategy.
Industry insiders pointed to a shift in the development of data centres to regions with low electricity prices, cheaper construction costs and more available land.
This strategy is anticipated to launch at the same time as an expected first close on about €2bn in Q2 2026.
The manager has already raised more than two-thirds of its equity fund's minimum target, with a year remaining until its final close.
The manager is also understood to be targeting a $500m second close for its infra transition debt fund in Q1 2026.
The London-based firm expects to hold a second close on around €350m in Q1 2026, Infrastructure Investor understands.
Macquarie Infrastructure Partners VII follows only three months after its predecessor’s final close on $6.8bn in June.
Experts are calling for a surge in investment and for authorities to ditch their view of the grid as a cost to be minimised.
The UK government will be investing over £300m in natural flood management over the next 10 years.