Heuking advises InfraRed Capital Partners on majority investment in Deutsche GigaNetz GmbH
A Heuking team led by Markus Lennartz and Klaus Weinand-Härer advised InfraRed Capital Partners on legal and tax matters relating to a majority investment in Deutsche GigaNetz GmbH. InfraRed’s partnership with Deutsche GigaNetz GmbH creates the opportunity to build the next generation of high-quality fiber infrastructure in Germany.
Deutsche GigaNetz GmbH intends to roll out and operate fiber broadband infrastructure in selected currently underserved regions in Germany to provide enhanced Fiber to the Home (“FttH”) services to more than one million residential, corporate, and public sector customers across the country. The company intends to invest up to EUR 3 billion in high-quality fiber networks and to start building fiber infrastructure in the initial target regions (Hesse and Baden-Württemberg) in the summer of 2021.
InfraRed Capital Partners is a leading global investment manager focused on infrastructure and real estate. It operates worldwide from offices in Sydney, London, Hong Kong, New York, Seoul, and Mexico City. With around 200 professionals, the company manages $12 billion of equity capital in multiple private and listed funds, primarily for institutional investors across the globe.
Deutsche GigaNetz GmbH builds and operates fiber-optic networks in Germany that provide broadband access in underserved areas.
Counsel to InfraRed Capital Partners
Heuking Kühn Lüer Wojtek:
Markus Lennartz (Corporate and Telecommunications),
Klaus Weinand-Härer (Tax) (both Lead),
Dr. Christoph F. Wetzler (Corporate),
Bernd Weller (Employment),
Antonia Allmendinger, LL.M. (Corporate)
Adam Brockmann (Tax), all Frankfurt