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Thursday, February 22, 2024

KPMG guides PATRIZIA Infrastructure´s investment in Spain´s FTTH

KPMG Abogados has advised PATRIZIA Infrastructure on the acquisition of Cádiz-based companies Air Wifi, S.L and Wifisanctipetri S.L., launching a new ‘Fibre-to-the-Home’ (FTTH) platform in Spain´s rural areas

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KPMG Abogados acted as legal advisor of PATRIZIA Infraestructure on the acquisition of Air Wifi, S.L., and Wifisanctipetri, Spanish companies based in Cádiz whose main activity consists of the distribution of internet, wifi and optic fibre and mobile services.

PATRIZIA, a leading partner for global real assets, offers investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors. Particularly, with this investment, PATRIZIA Infrastructure launches a new ‘Fibre-to-the-Home’ (FTTH) platform in Spain, which aims to deliver high-speed broadband to the country’s most rural areas. PATRIZIA Infrastructure has an outstanding record spanning over 25 years, with over € 6.9 billion invested across more than 110 direct infrastructure debt and equity investments made.  

Air Wifi is an entrepreneurial company that was born in 2011 with the aim of providing a good and stable connection to rural areas in Conil de la Frontera so that its citizens could enjoy it. Wifisanctipetri, S.L., a Spanish company based in Cádiz whose main activity consists of the distribution of internet, optic fibre, television and mobile services.

Marina Molina

The Corporate/M&A team from KPMG Abogados that advised PATRIZIA Infrastructure on the acquisition of Air Wifi was formed by partner Rafael Aguilar senior manager Alejandro Blázquez and associate Esperanza Barragán. The team that advised on the acquisition of Wifisanctipetri included partner Rafael Aguilar senior manager Alejandro Blázquez and lawyer Mariana Molina.

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