Digital Infra

Teras closes deal with Asterion for its second rural fibre investment vehicle in Spain: Olin Group

The Spanish telecommunications infrastructure manager, with operations in several European countries, has closed a deal with Teras for the acquisition of several local operators in Spain. Teras, in addition to participating in the investment, will use its knowledge and experience in the sector to take advantage of the opportunity for consolidation. The agreement involves the creation of a joint vehicle for the execution of a first group of acquisitions.

Olin Group enters a competitive and highly specialized market in which the financial capacity and the knowledge of Asterion and Teras of this sector can place them in a position of clear advantage in the achievement of the best operations.

Asterion’s and Teras’ financial strength and knowledge can give them a clear advantage in securing the best deals in this sector.

More news

Teras and ICG acquire Avatel’s data center business

Avatel, the fifth-largest telecommunications operator in Spain, has sold its data center business to Teras Capital and Intermediate Capital Group (ICG).

Teras executes its first divestment by selling its stake in Mundo Pacífico

The acquisition of this company took place in September 2019. In just about 24 months, in a process led by Teras, it has been acquired by Digital Bridge, the US leading fund in digital infrastructure.

 

Teras and Asterion acquire Olivenet

Olivenet is one of the leading companies in the regional telecom segment, with a fibre network that reaches one million homes passed.

 

Madrid City Council gives the green light to the City of Sport

The first Wave Garden for surfing promoted by Teras, will be established there.

 

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