Arjun Infrastructure Partners and Aberdeen Investments have increased their shareholding in portfolio company Onivia. The two firms now hold 40 percent each in Onivia, while Macquarie Capital remains invested with a 20 percent holding. All three firms will continue to co-control Onivia.
Onivia was established in 2019 as Spain’s first independent fiber network operator following Macquarie and Aberdeen’s acquisition of a fiber-to-the-home (FTTH) network with 1 million homes from MasMovil. Onivia has since expanded nationwide, doubling in size with the acquisition of a majority stake in a rural FTTH network, which enables it to deliver reliable broadband to both urban and nonurban communities.
Recognizing Onivia as a high-quality digital asset investment opportunity, Arjun acquired a stake in Onivia from Macquarie in 2022. In April 2024, the consortium
