Infranity has provided €104 million ($114 million) in additional financing for the construction and expansion of Adamo’s fiber-to-the-home (FTTH) network in Spain.
This new financing of Adamo follows Infranity’s initial investment in the company in 2021. This round will allow Adamo, which is owned by Ardian, to strengthen its market presence by accelerating its deployment of fiberoptic infrastructure in rural Spain, contribute to a more inclusive economy and provide essential services to remote communities and territories.
The accordion facility offers the company flexible access to additional capital as required, enabling them to respond dynamically to market demands and capitalize on strategic opportunities.
“As a long-term infrastructure investor, we are convinced of the relevance of fiber-to-the-home networks for an inclusive digital development, which services both urban and rural communities,” said Sacha Kamp, head of infrastructure debt investme
