EQT Infrastructure V to co-invest in Deutsche Glasfaser

EQT Infrastructure V has signed an agreement to co-invest alongside EQT Infrastructure IV in Deutsche Glasfaser. Post the closing of the transaction, EQT Infrastructure V will hold a 12 percent stake in the company.

Deutsche Glasfaser Group will continue to execute and accelerate the strategy which includes the growth of the company by pursuing a large-scale deployment of “fiber-to-the-home” internet access in rural Germany.

The closing of the transaction is expected in Q4 2020. With the acquisition of a stake in Deutsche Glasfaser, EQT Infrastructure V is expected to be 10-15 percent invested based on its target fund size, and EQT Infrastructure IV is expected to be 80-85 percent invested.