Catalyzing the growth of Spain's fiber network expansion
NIBC extended the geographical focus of its digital infra business to France, Spain, Italy and Portugal. After years of building expertise within our existing presence in North Western Europe, NIBC is able to use this experience to support new clients in key transactions in Southern Europe.
First deals have been closed
NIBC has already completed its first digital infra lending transaction in Southern Europe. That is the closing of the participation in the financing of Adamo, the fastest growing fiber-to-the-home platform in Spain. This financing will drive the further expansion of Adamo’s fiber network.
NIBC acted as lead arranger in this transaction, which included a sustainability linked pricing element. It enables Adamo to further grow via organic network roll-out and network add-ons through mergers and acquisitions.
This financing makes high speed connections accessible for millions of households in rural Spain.