NIBC’s supports Basalt Infrastructure Partners’ investment
We are pleased to announce NIBC’s support for Basalt Infrastructure Partners’ investment in SOCO Network Solutions GmbH and bn:t Blatzheim Networks Telecom GmbH. NIBC is providing the group with senior debt finance for its continued fibre broadband roll-out in the North Rhine-Westphalia and Rhineland Palatinate regions of Germany.
Both companies own and operate telecom infrastructure within their region and with longstanding links to local communities at all levels. They provide critical fibre connectivity linking communities to the rest of the world.
This financing marks the start of a new lending relationship with Basalt Infrastructure Partners. Basalt is an independent infrastructure fund manager which focuses on mid-market infrastructure investments in Europe and the US with over USD3bn AUM and a focus on digital, utility, transport & energy investments.