Clifford Chance has advised Arjun Infrastructure Partners, a leading independent European infrastructure fund manager, on its acquisition, in consortium with Macquarie Capital and Aberdeen, of a FTTH network from DIGI which currently comprises 4,250,000 building units across 12 provinces in Spain. The remainder of the network – up to 1,750,000 building units – will be deployed over an estimated period of three years. The transaction is subject to customary conditions.
The network will be operated by Onivia, Spain’s largest independent wholesale fibre platform and in which Arjun Infrastructure Partners is also a significant investor alongside Macquarie Capital and Aberdeen. We also advised Arjun Infrastructure Partners on its prior investment in Onivia.
The Clifford Chance team advising Arjun Infrastructure Partners was led by partner Samir Azzouzi, together with senior associates Pablo Hernández and Patricia Puertas, as well as associate José Jordana de Pozas.