Fiera Infrastructure, an affiliate of Fiera Capital Corp., has agreed to provide growth capital to Inalan, a Greek-based fiber-to-the-home (FTTH) internet service provider in the major metropolitan areas of Athens and Thessaloniki, Greece.
With the backing of Fiera Infrastructure, the company, aims to build a network footprint of 1.6 million homes.
Inalan is building its network on an open-access principle, so that other providers can offer connections to their customers using Inalan’s infrastructure.
The investment in Inalan builds on Fiera Infrastructure’s investment strategy in the European telecommunications sector, having acquired IslaLink, an independent European telecom fiber-infrastructure platform in 2018. The Fiera Infrastructure team, alongside IslaLink, announced in May 2021 the construction of the IONIAN system, a high-capacity, reliable, submarine and terrestrial fiber route that will link Athens with Milan.