Pantheon Infrastructure (PINT) has plans to invest €23.1 million ($25 million) in GlobalConnect, a telecommunications infrastructure operator, through a co-investment vehicle managed by affiliates of EQT AB Group.
GlobalConnect has the most extensive fiber network across the Nordics. The company serves B2C and B2B customers across the fiber-to-the-home, fiber-to-the-business, hyperscalers and data centers segments.
“This high-quality asset complements our existing portfolio of attractive digital infrastructure assets and further underpins the strong downside protection we have built over the past year through robust indexing, contracted cash flows and a hard to replicate network,” said Richard Sem, partner at Pantheon, PINT’s investment manager. “Tailwinds across the digital sector provide a supportive backdrop for GlobalConnect going forward.”
