Engie has sold its dark fiber activity to euNetworks
Engie Electrabel has sold its dark fiber activity to euNetworks.
Engie Electrabel’s fiber activity comprises a network of 1,660 km of dark fiber underground, co-owned by utility companies and Engie Electrabel. It is a duct-based network covering approximately 89% of Belgian long-haul routes, with close to 13 data centers and more than 2,500 towers. The network comes with in-place commercial and operational contracts.
Headquartered in the UK, euNetworks is a leading data center and cloud connectivity provider in Western Europe, owner and operator of dense fiber long-haul and metro networks in 17 countries.
Engie Electrabel is the Belgian market leader in the production and sale of electricity, natural gas and energy services.
Oaklins’ team in Belgium acted as the exclusive sell-side financial advisor to Engie Electrabel in this transaction.
Yves Lacomble
M&A Senior Advisor, Engie Electrabel
Talk to the deal team
Michaël Rixhon
Oaklins KBC Securities
Nicholas Matthyssens
Oaklins KBC Securities
Related deals
Winking Studios Limited completes a secondary fundraising of US$20 million
Winking Studios has successfully raised US$20 million to fund its business strategy and future plans, such as strategic acquisitions, alliances and joint ventures as well as secondary or dual listings, to grow the group’s market share and broaden its customer base globally.
Learn moreÑaming, SL has been acquired by DeA Capital S.p.A.
Spain’s leading producer of sandwiches, fresh and ultra-fresh products, Ñaming, has sold a majority stake to Italian fund DeA Capital.
Learn moreUniKidz has partnered with Karmijn Kapitaal
Karmijn Kapitaal has acquired a majority stake in UniKidz, a talent development organization that provides a scientifically-based developmental approach through high-quality childcare. Through the partnership with Karmijn Kapitaal, UniKidz can take the next step in bringing their unique concept to even more children.
Learn more