Privately held

On 11 January 2018, Stonepeak Infrastructure Partners completed the transaction to acquire the majority interest in euNetworks. In addition, Stonepeak is investing up to an additional $500m of equity capital to support the growth of the company.  On 3 June 2020, euNetworks secured an additional €250 million of capital from the Investment Management Corporation of Ontario (“IMCO”), an investor since 2018, alongside a new commitment from a vehicle managed by Stonepeak Infrastructure Partners. Columbia Capital and previous investors such as QIC, Greenspring and GK Goh continue to hold a material interest in the company, along with Newlight Partner and Railpen. They are long-term investors who understand the capital intensive nature of our business and the associated returns available from capital investment.

  • euNetworks is focused on delivering scalable, fibre based solutions to a customer base that is at the centre of the communications revolution.
  • Customer needs have shaped euNetworks’ program of network investment.
  • euNetworks remains focused on growing its network platform and has  the opportunity to accelerate growth and deliver more for customers.

board of directorspress release

With this transaction we will enhance our position as we work to grow our network solutions and offerings to our customers who are at the centre of the technology transformation. With Stonepeak and IMCO’s support, we will continue to focus on building and densifying our networks in key European cities and across the region, connecting more data centres, and key sites with fibre. I am excited for the opportunities we have ahead and it is with great pride that I lead the euNetworks team forward.

Paula Cogan

Chief Executive Officer

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