InfraRed Capital Partners’ Majority Investment in Deutsche GigaNetz GmbH

Heuking Kühn Lüer Wojtek acted as counsel to InfraRed Capital Partners on the deal.

InfraRed Capital Partners, on behalf of InfraRed Infrastructure Fund V, has acquired a majority stake in Deutsche GigaNetz GmbH, a telecommunications provider focusing on regional fibre optic development in Germany in areas underserved by established providers.

InfraRed’s partnership with Deutsche GigaNetz GmbH creates the opportunity to build the next generation of high-quality fiber infrastructure in Germany.

Deutsche GigaNetz GmbH intends to roll out and operate fiber broadband infrastructure in selected currently underserved regions in Germany to provide enhanced Fiber to the Home (“FttH”) services to more than one million residential, corporate, and public sector customers across the country. The company intends to invest up to EUR 3 billion in high-quality fiber networks and to start building fiber infrastructure in the initial target regions (Hesse and Baden-Württemberg) in the summer of 2021. Deutsche GigaNetz GmbH builds and operates fiber-optic networks in Germany that provide broadband access in underserved areas.

InfraRed Capital Partners is a leading global investment manager focused on infrastructure and real estate. It operates worldwide from offices in Sydney, London, Hong Kong, New York, Seoul, and Mexico City. With around 200 professionals, the company manages $12 billion of equity capital in multiple private and listed funds, primarily for institutional investors across the globe.

Th Heuking team was led by Markus Lennartz (Picture) and Klaus Weinand-Härer and further included Dr. Christoph F. Wetzler, Bernd Weller, Antonia Allmendinger and Adam Brockmann.

Involved fees earner: Antonia Allmendinger – Heuking Kühn Lüer Wojtek; Adam Brockmann – Heuking Kühn Lüer Wojtek; Markus Lennartz – Heuking Kühn Lüer Wojtek; Klaus Weinand-Härer – Heuking Kühn Lüer Wojtek; Bernd Weller – Heuking Kühn Lüer Wojtek; Christoph Wetzler – Heuking Kühn Lüer Wojtek;

Law Firms: Heuking Kühn Lüer Wojtek;

Clients: InfraRed Capital Partners Limited;

Federica Tiefenthaler

Author: Federica Tiefenthaler