Pantheon Infrastructure (PINT), the listed global infrastructure fund, has invested $30 million in U.S. wireless communication infrastructure operator Vertical Bridge through a co-investment vehicle managed by DigitalBridge Group.
Vertical Bridge is the largest private owner and operator of tower and wireless communication infrastructure in the United States, with a portfolio of more than 8,000 towers and 300,000 sites. Its portfolio, which spreads across all 50 states and in Puerto Rico, includes towers, rooftops, billboards, utility attachments and other locations that support wireless-network connectivity.
Vertical Bridge has rapidly expanded since its founding in 2014 and is positioned to continue this growth as it addresses the rising demand for 5G-enabled devices and services. Vertical Bridge is certified as carbon neutral, becoming the world’s first tower company to achieve net-zero emissions in 2020.
“We are pleased to have made an investment in a se
