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Digest: Tencent Cloud investing $650m in Middle East, SE Asia; Actis completes Terra Solar buy

Digest: Tencent Cloud investing $650m in Middle East, SE Asia; Actis completes Terra Solar buy

FILE PHOTO: A man walks outside the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton/File Photo

Tencent Cloud has announced plans to invest over $650 million to expand its global infrastructure in the Middle East and Southeast Asia, while UK-based infrastructure private equity investor Actis has completed its acquisition of a 40% stake in Terra Solar Philippines Inc (MTerra Solar).

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