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
ICG and Teras launch Templus, First Regional Data Center Platform in Southern Europe
Templus has been created by ICG’s infrastructure team (“ICG Infra”) and Teras, an investment platform.
It uses a new business model based on infrastructures close to end customers, security and with the highest standards of sustainability and energy efficiency.
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.
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.
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.