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Polar, an H.I.G. Capital Portfolio Company, Completes Record-breaking EUR 800 million Nordic Bond Issue

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LONDON, June 1, 2026 /CNW/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that its portfolio company, PolarDC Group Limited (“Polar” or the “Company”), has successfully raised a EUR 800 million senior secured bond in the Nordic bond market, through its wholly owned subsidiary, PolarDC Finance NO1 AS. The landmark transaction sets a new record for deal size in the Nordic market and cements Polar’s scaled, market-leading position as a developer, owner, and operator of European data centre infrastructure that targets high-performance computing applications.

The bond proceeds will be applied to refinancing existing debt on the Company’s first data centre in Drangedal, Norway, and finalizing construction of two additional data centre facilities targeted for completion in 2026 and 2027. The transaction attracted strong interest from institutional investors globally and was significantly oversubscribed.

Andy Hayes, CEO at Polar, said, “This financing represents a pivotal moment as Polar scales to represent one of Europe’s leading data centre platforms, building infrastructure ready for AI and high-performance compute workloads. We continue to see significant demand growth across neocloud, hyperscale, and enterprise customers for Polar’s purpose-built facilities, and we look forward to further enhancing the robust partnerships we have built with the industry’s leading customers, suppliers, and future sites.”

Andrew Liau, Head of Europe Infrastructure at H.I.G., said, “We are thrilled by this transaction and the validation provided through the participation of leading institutional investors. Since H.I.G.’s initial investment, Polar has grown rapidly to meet customer demand and has executed on a substantial development pipeline across Europe. This issuance reflects the quality of the business.”

Arctic Securities and DNB Carnegie acted as joint bookrunners in connection with the issuance. Thommessen and Wikborg Rein acted as counsel to the issuer and the joint bookrunners, respectively.

About Polar

Polar develops and operates sustainable, high-performance data centres optimized for AI and high-density computing workloads. The Company specializes in creating energy-efficient facilities powered by renewable sources, serving the growing demands of AI and technology companies across Europe. For more information, please visit polardc.com.

About H.I.G. Capital

H.I.G. Capital is a leading global alternative investment firm with $75 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.H.I.G.’s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contact:

Andrew Liau
Managing Director
Head of Europe Infrastructure
aliau@hig.com

Michael Pothitos
Managing Director
mpothitos@hig.com

Philippe de Limburg Stirum
Managing Director
plimburg@hig.com

H.I.G. Capital
10 Grosvenor Street
2nd Floor
London W1K 4QB
United Kingdom
P: +44 (0) 207 318 5700
hig.com

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SOURCE H.I.G. Capital

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Scania launches battery-electric CrewCab for rescue vehicles

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Scania launches its first-ever battery-electric CrewCab for fire, airport and civil rescue operations.

SÖDERTÄLJE, Sweden, June 1, 2026 /PRNewswire/ — The new battery-electric CP31L 4×2 is purpose-built to support demanding emergency operations while enabling transport operations with zero tailpipe emissions. Equipped with 356 kWh installed battery capacity and a 90 percent state-of-charge window, the vehicle combines operational capability with electric performance.

Designed with free frame sides, the new CrewCab offers flexible bodybuilder opportunities and can be adapted to suit a wide range of customer applications and operational needs.

“We are delighted to be launching our new Scania BEV CrewCab” says Louise Johansson, Solutions Manager at Scania Commercial with responsibility for the Fire & Rescue, Airport and Recovery segment.

“The addition of this new cab for battery-electric power underlines our commitment to supporting the electrification of our customers’ fleets – combining sustainability, operational reliability and long-term profitability.”

The new CrewCab is developed to meet the segment’s growing demand for low and zero-emission solutions without compromising on safety, uptime or crew comfort. Designed for challenging environments and mission-critical operations, it provides the space, accessibility and reliability rescue teams depend on.

Learn more about Scania’s battery-electric truck offering and solutions for fire and rescue operations.

CONTACT:

For further information, please contact:
Louise Johansson
Solutions Manager, Scania
Phone: +46 70 085 62 02
E-mail: louise.johansson@scania.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/scania/r/scania-launches-battery-electric-crewcab-for-rescue-vehicles,c4354535

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Side view of Scania battery-electric CrewCab

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Side view of Scania battery-electric CrewCab (full size image)

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Scania battery-electric CrewCab from above

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Battery pack installation on Scania battery-electric CrewCab

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Three-quarter view of Scania battery-electric CrewCab

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Front view of Scania battery-electric CrewCab

 

View original content:https://www.prnewswire.com/news-releases/scania-launches-battery-electric-crewcab-for-rescue-vehicles-302786882.html

SOURCE Scania

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CRIF India Launches Kolkata Chapter of ‘Credit Goes to HER’ to Empower Women in the Credit Ecosystem

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KOLKATA, India, June 1, 2026 /PRNewswire/ — CRIF India, part of the global CRIF network, has launched the first regional chapter of ‘Credit Goes to HER’ in Kolkata, West Bengal, focused on strengthening women’s leadership and influence in the credit ecosystem.  The initiative, launched in March this year is designed to drive grassroots impact by building a community of women professionals who are both shaping credit and enabling access to credit for women across segments. This comes at a time when women are playing an increasingly significant role in India’s formal credit economy yet remain underrepresented in leadership roles that shape credit policies and products.

Insights show that nationally, women-led business loans have grown by 61.1%, and women now account for 41% of new-to-credit borrowers (up from 33% two years ago). Women borrowers also demonstrate strong credit behaviour, with lower delinquency levels compared to men, and a rising presence in secured lending segments. ‘Credit Goes to HER’ seeks to build on this momentum by bringing together women professionals across lending, risk, analytics, NBFCs, fintech, and policy, creating a platform to amplify their voice and participation in shaping the future of credit.

Kolkata has been chosen for the first regional chapter given Eastern India’s robust credit growth and lending landscape. West Bengal’s retail credit market witnessed healthy growth as of March 2026, with total retail loans rising 17.2% YoY to ₹583.9K crore, while active loans grew 8.9% YoY to 332 lakh accounts. Consumption loans stood at ₹368.4K crore, up 13% YoY, led by strong growth in Gold Loans (+54.1% YoY) and Sole-proprietor Loans (+25.2% YoY).

The Kolkata chapter will serve as a local arm of the community platform for women across banks, NBFCs, fintechs, and other financial services to share knowledge, seek mentorship and collaborate on more inclusive credit practices. The launch event in Kolkata saw participation from senior women leaders of the region’s BFSI sector, including Nina Bairagi (Deputy General Manager, State Bank of India), Arpita Sen (Senior Vice President, Bandhan Bank), Jyoti Sharma (General Manager, UCO Bank), and Sharoni Pal (Head of Credit, Arohan Financial Services Limited).

Join the community: (5) Credit Goes To HER – Women in Credit, Credit for Women (Curated by CRIF India) | Groups | LinkedIn

About CRIF:

CRIF India is a leading provider of credit information, business intelligence, analytics, software and digital solutions for banks, financial institutions, NBFCs, insurance companies, telecom providers, MSMEs, corporates, and consumers across India. Through its group entities, including CRIF High Mark Credit Information Services Private Limited and CRIF Solutions, CRIF India supports responsible lending, financial inclusion, and data-driven decision-making.

Licensed by the Reserve Bank of India under the Credit Information Companies (Regulation) Act, 2005, CRIF High Mark operates one of India’s leading credit bureaus with data contributions from over 5,000 member institutions. Combining advanced analytics, decisioning platforms, business information, and digital solutions, CRIF India enables organizations to make faster, smarter, and more informed decisions across the customer lifecycle while contributing to a more transparent and inclusive financial ecosystem.

Photo – https://mma.prnewswire.com/media/2991757/CRIF_India_Kolkata.jpg

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Haier Launches Horizon Refrigerator in Vietnam, Setting New Standards for Freshness and Home Appliance Design

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HO CHI MINH CITY, Vietnam, June 1, 2026 /PRNewswire/ — To meet Vietnamese consumers’ demand for versatile, multi-scenario fresh-keeping solutions, Haier launches its premium Horizon Collection refrigerator series in Vietnam on May 29, marking the first stop in the Southeast Asian market. From its initial launch at the Royal Observatory, Greenwich in the UK to its full market rollout across Europe, and now the release in Vietnam, the Horizon series is rapidly accelerating its global footprint to bring a premium food freshness preservation experience to more consumers.

Four scenarios to meet the tropical freshness demands

Southeast Asia’s hot, humid climate demands iced drinks and diverse, ultra-fresh ingredients. Haier’s Horizon series comes with innovative freshness preservation technology and offers four scenario-based solutions for daily life.

It integrates Haier’s global first HCS humidity control and magnetic-controlled freshness technology, keeping fruits and vegetables fresh for up to 7 days and preserving the original flavor of fresh meat for 10 days. This magnetic technology won a Gold Medal at the Geneva International Invention Exhibition and is VDE-certified for keeping over 95% of the protein in meat. It also features the industry-first door-mounted ice making system, completely separated from the food storage area to prevent odor contamination and produce clean ice quickly.

Boasting a large capacity of up to 716L of space, adjustable shelves, and deep door bins, the refrigerator easily stores a full week’s groceries for the whole family — including upright 1.5L bottles. Selected models feature AI Vision technology that automatically recognizes and records the type and quantity of ingredients, making food management simple and convenient.

In the meantime, Haier also showcased its Space Fit series home appliance solutions at the Horizon series launch event, the refrigerator from the series features Haier’s original AI full-space freshness preservation technology, which keeps temperature fluctuations below 1°C. Even after a month of freezing, steak remains tender, red, and juicy when thawed, with no loss of nutrients.

Vietnam, the strategic springboard for Haier’s premium regional expansion

Vietnam is Southeast Asia’s largest high-end refrigerator market, accounting for over half of regional sales. In January 2026, Haier’s refrigerator sales in Vietnam doubled month-to-month and rose by more than 60% year-on-year, further solidifying its position as the market leader in the region. At retail outlets, side-by-side demos let customers experience Haier’s preservation technology. The Space Fit series matched competitors’ eight-month in-store display numbers in just five weeks and achieved five times their sales, spearheading Vietnam’s smart-home upgrade.

Already leading in both market share and growth in Vietnam, Haier will further strengthen its product lineup to meet rising demand for food freshness preservation with the new global flagship Horizon series.

Furthermore, Haier Smart Home officially launched the Haier brand in Vietnam in 2025 and reached a strategic partnership with the local leading appliance retailer DMX. Its AQUA washers already hold the country’s top market share.

As of April 2026, Haier ranks No. 1 in overall brand share across Southeast Asia, with growth exceeding 40% in Vietnam, Malaysia, and other markets. Following Vietnam, the Horizon series will roll out in Indonesia and Thailand, driving Haier’s high-end leadership across the region.

The launch of the Horizon series marks Haier’s refrigerator segment’s shift in Southeast Asia from leader in scale to a premium brand. Looking ahead, Haier will stay user-focused, deepen local innovation and brand upgrades to cement market leadership, and through ongoing high-end innovations and enhanced scenario-based experiences, Haier aims to deliver superior preservation, kitchen aesthetics, and sustainable growth for partners.

Please visit https://www.haier.com/global/.  

SOURCE Haier Group

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