EQT Infrastructure V and Stonepeak’s Acquisition of DELTA Fiber

De Brauw advised EQT Infrastructure V and Stonepeak on the deal. Clifford Chance advised EQT Infrastructure III.

EQT Infrastructure V and Stonepeak completed the acquisition of DELTA Fiber from EQT Infrastructure III.

DELTA Fiber is a leading owner and operator of fiber-to-the-home telecom infrastructure in the Netherlands. EQT V and Stonepeak will each hold a 50 percent stake in DELTA Fiber and co-control the company, supported by a strong advisory board of industry professionals.

DELTA Fiber will benefit from the parties’ significant combined expertise in the digital infrastructure sector and vast track record in fiber rollout across the Netherlands and Europe. Together, EQT V and Stonepeak are committed to investing significantly in the continued digitalisation of the Dutch society by accelerating DELTA Fiber’s fiber rollout in the Netherlands and supporting its ambition to connect two million Dutch households to fiber by 2025.

The transaction is subject to customary closing conditions, including regulatory approvals and consultation with employee representatives.

The De Brauw team included Arne Grimme (Picture), Barbara Kloppert, Henk van Ravenhorst, Mark Rebergen, Stephanie The, Alexandra Tan and Jaap Barneveld.

The Clifford Chance cross-border team was led out of Amsterdam by Jeroen Thijssen and further consisted of Ernst van der Touw, Merel Vermolen, Helen Liefting, Thijs Legters, Frans Muller, IJsbrand de Jong, Sanne Blankestijn, Arie Torres, Wijnanda Rutten, Jaap Tempelman, Tjerk de Jonge, Michiel Sunderman and Pascal Borsje in Amsterdam and Taner Hassan, Elphina Franklin and Eleanor Davies in London.

Involved fees earner: Sanne Blankestijn – Clifford Chance; Pascal Borsjé – Clifford Chance; Eleanor Davies – Clifford Chance; IJsbrand de Jong – Clifford Chance; Tjerk de Jonge – Clifford Chance; Elphina Franklin – Clifford Chance; Taner Hassan – Clifford Chance; Frans Muller – Clifford Chance; Wijnanda Rutten – Clifford Chance; Michiel Sunderman – Clifford Chance; Jaap Tempelman – Clifford Chance; Jeroen Thijssen – Clifford Chance; Arie Torres – Clifford Chance; Merel Vermolen – Clifford Chance; Jaap Barneveld – De Brauw Blackstone Westbroek; Arne Grimme – De Brauw Blackstone Westbroek; Barbara Kloppert-van Duren – De Brauw Blackstone Westbroek; Mark Rebergen – De Brauw Blackstone Westbroek; Alexandra Tan – De Brauw Blackstone Westbroek; Stephanie The – De Brauw Blackstone Westbroek; Henk van Ravenhorst – De Brauw Blackstone Westbroek;

Law Firms: Clifford Chance; De Brauw Blackstone Westbroek;

Clients: EQT Infrastructure; EQT V; Stonepeak Infrastructure Partners;

Author: Naoual Sadouqi