Engie has sold its dark fiber activity to euNetworks
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.
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
Michaël Rixhon
Oaklins KBC Securities
Related deals
Janitza electronics GmbH has acquired DIGIMONDO GmbH
Janitza electronics GmbH has acquired a majority stake in DIGIMONDO GmbH. DIGIMONDO’s niotix platform is a natural complement to Janitza’s GridVis® grid visualization software. Combined, the two solutions offer a comprehensive and seamlessly integrated view of all energy-related data. For Janitza, the acquisition represents a key milestone on its journey from a pure measurement device manufacturer to a full-spectrum solutions provider.
Learn moreASPICON has been acquired by Grouplink, a portfolio company of Patrimonium Private Equity and Wille Finance
The acquisition of ASPICON GmbH has strengthened Grouplink Holding GmbH’s position as an integrated IT services group with deep technological expertise in the German-speaking region. ASPICON complements the group’s service portfolio by introducing a highly specialized component focused on database infrastructures.
Learn moreHemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn more