26th Apr 2022 16:56
Pantheon Infrastructure PLC - investment trust managed by Pantheon Ventures and focused on infrastructure assets - Invests EUR26.5 million in an unnamed digital infrastructure firm which operates fibre-to-the-home broadband infrastructure in Western Europe.
The firm has fibre-based network infrastructure of around 50,000 kilometres.
"We are pleased to announce the completion of PINT's latest investment. 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," says Richard Sem of investment manager Pantheon Ventures.
Current stock price: 109.00 pence
12-month change: up 4.9% since November 16
By Dayo Laniyan; [email protected]
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