InfraRed Capital, a real estate investment company, agreed to invest $50m in Public Safety Towers, a developer of telecommunication towers. “InfraRed is delighted to partner with PSTC, a team that has successfully built and operated leading telecommunications and public safety enterprises in the US InfraRed continues to grow its presence in the market by making value-accretive investments in target sectors, funding and developing critical infrastructure that connects communities," Jack Paris, InfraRed Head of Americas.