Fiera Infrastructure to acquire IslaLink from EQT.

Fiera Infrastructure, a global mid-market direct infrastructure investor has agreed to acquire IslaLink, the Spain-based independent telecom fibre infrastructure platform from EQT, an investment firm. Financial terms were not disclosed. IslaLink provides route-redundant fibre infrastructure connecting the Balearic Islands to mainland Spain, providing rental of lit fibre, IP transit, O&M and colocation services to telecom carriers serving the Balearic market. IslaLink’s infrastructure includes a 273 km submarine cable linking Valencia and Mallorca, a 256 km terrestrial fibre ring in the Mallorca island and 11 colocation centers. “IslaLink’s acquisition represents our first investment in Spain after the opening of our European headquarters in London. This transaction also represents our first investment in the telecommunications sector and further diversifies our existing portfolio of high-quality infrastructure assets for the benefit of our investors,” Alina Osorio, Fiera Infrastructure President.