Engie has sold its dark fiber activity to euNetworks
April 2023 — Engie Electrabel has sold its dark fiber activity to euNetworks.
Engie Electrabel’s fiber activity comprises a network of 1,660 km of dark fiber underground, co-owned by utility companies and Engie Electrabel. It is a duct-based network covering approximately 89% of Belgian long-haul routes, with close to 13 data centers and more than 2,500 towers. The network comes with in-place commercial and operational contracts.
Headquartered in the UK, euNetworks is a leading data center and cloud connectivity provider in Western Europe, owner and operator of dense fiber long-haul and metro networks in 17 countries.
Engie Electrabel is the Belgian market leader in the production and sale of electricity, natural gas and energy services.
Our role in the transaction
Oaklins’ team in Belgium acted as the exclusive sell-side financial advisor to Engie Electrabel in this transaction.
Yves Lacomble
M&A Senior Advisor, Engie Electrabel
Talk to the deal team
Pieter Vanhoudt
Oaklins KBC Securities
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreLife & Mobility has attracted investor Bolster Investment Partners
Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.
Learn moreDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn more