Filip & Company law firm advised Digi Spain Telecom S.L.U., the company’s Spanish subsidiary, on the conclusion of an investment agreement with Aberdeen Standard Core Infrastructure III SC Sp., a fund managed by abrdn.
The investment agreement is aimed at financing the development of a fibre-optic communications network in the provinces of Almeria, Cadiz, Cordoba, Granada, Huelva, Malaga and Seville in southern Spain. The development of the network involves an investment of up to EUR 300 million, to be borne equally by Digi Spain and arbdn.
“Digi is an incredibly dynamic group and its international expansion is exceptional for a Romanian business. This new partnership shows their attractiveness to some of the most sophisticated financial investors. We are happy to have had the opportunity to work as a team once again and thank them for their trust”, said Alexandru Bîrsan, Partner and Head of M&A and Capital Markets at Filip & Company.
The Filip & Company team that assisted Digi Spain Telecom in this project consisted of Alexandru Bîrsan (partner) and Anca Bădescu (associate).
Filip & Company has one of the most dynamic M&A practices in Romania. The team of lawyers includes specialists with a rich track record acquired in complex domestic and international transactions.