Infracapital has launched an Austrian fiber platform via its Infracapital Greenfield Partners II (IGP II) fund, Upjobsnews reports.
The platform, known as Speed Connect Austria platform, will concentrate on designing, constructing and working broadband on a large scale in underserved areas in rural and semi-rural Austria.
“We are excited to develop our funding in European fiber and considerably improve Austria’s connectivity,” said Michele Armanini, greenfield managing director at Infracapital.
She added dependable broadband will underpin sustainable economies during the transition to an extra-digital world.
Infracapital supports businesses that are playing a direct role in generating environmental and social impact with a focus on decarbonization. The firm’s greenfield strategy is to build, deliver and operate essential and sustainable greenfield infrastructure across Europe.
In November 2021, IGP II completed a final close at €
