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IN BRIEF: Pantheon Infrastructure invests in digital broadband firm

Pantheon Infrastructure PLC - investment trust managed by Pantheon Ventures and focused on ...

Alliance News 26 April, 2022 | 3:56PM
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Pantheon Infrastructure PLC - investment trust managed by Pantheon Ventures and focused on infrastructure assets - Invests EUR26.5 million in an unnamed digital infrastructure firm which operates fibre-to-the-home broadband infrastructure in Western Europe.

The firm has fibre-based network infrastructure of around 50,000 kilometres.

"We are pleased to announce the completion of PINT's latest investment. We believe this is a highly accretive growth opportunity in a segment of the digital infrastructure space that represents an exciting growth opportunity. We are particularly pleased to have partnered with such a reputable sponsor in Stonepeak and with the highly experienced company management team," says Richard Sem of investment manager Pantheon Ventures.

Current stock price: 109.00 pence

12-month change: up 4.9% since November 16

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Pantheon Infrastructure Ord 91.80 GBX -0.65 -

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