Pantheon Infrastructure has invested in a fibre-to-the-home telecom infrastructure company owned by EQT and Stonepeak.
The London-listed global infrastructure fund said it has invested €26.5m in the company that owns and operates broadband infrastructure in Western Europe alongside Stonepeak and EQT without disclosing the name of the investee company.
In October last year, IPE Real Assets reported that the EQT Infrastructure V fund and Stonepeak partnered to buy a 50% stake each in Delta Fiber.
Delta Fiber owns and operates approximately 50,000km fibre-based network infrastructure that connects approximately 900,000 households and businesses across the Netherlands.
Pantheon Infrastructure said its investment is part of the firm’s strategy of building a diversified portfolio of infrastructure assets, with a focus on sectors benefitting from structural growth drivers.
Richard Sem, partner at Pantheon, Pantheon Infrastructure’s investment manager, said: “We believe this is a highly accretive growth opportunity in a segment of the digital infrastructure space that represents an exciting growth opportunity.
”We are particularly pleased to have partnered with such a reputable sponsor in Stonepeak and with the highly experienced company management team.”
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