PATRIZIA Infrastructure has acquired two Spanish broadband and fiber operators and launched a new fiber-to-the-home platform in Spain, growing its digital infrastructure footprint in Europe.
The fund has invested in two mid-market operators in Spain’s local telecoms sector: Wifi Sancti Petri and Airwifi. Both are located in the southern province of Cadiz. Wifi Sancti Petri’s FTTH network can reach 60,000 homes, while Airwifi can connect 22,000 homes to its FTTH network. The two companies own their fiber networks and provide both broadband and mobile services, which have the potential to serve more than 110,000 people across neighboring municipalities.
The acquisition was made through the firm’s flagship European Infrastructure Fund II (EIFII) and represents the sixth platform investment for EIFII, bringing the fund’s committed investments and co-investments to more than €800 million ($853 million). It also marks the first deals in Spain for the EIF fund serie
