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Press Release
Backed by major lenders, EXA Infrastructure has raised new facilities to support network expansion and M&A ambitions
EXA Infrastructure, the largest dedicated digital infrastructure platform connecting Europe and North America, has refinanced its existing facilities and raised new financing in total over €1.3bn to support continued growth ambitions and network expansion plans.
The new facility, structured over seven years, will allow EXA Infrastructure to capitalise on significant market opportunities and expand its network footprint in line with scaling customer ambitions.
Jim Fagan, CEO, EXA Infrastructure, said: “This move gives us an unrivalled ability to continue investing in our network, at a time when our customers need growing amounts of capacity across more routes, to handle an evolving set of applications and demands. Our recent investments have already shown our strategic focus, and with this refinancing, EXA Infrastructure is firmly positioned to lead in network and digital infrastructure throughout Europe and across the Atlantic.”
EXA Infrastructure announced the signing of binding agreements to acquire Aqua Comms in January, followed by strategic network deployment announcements throughout 2025, including the largest fibre backbone deployment in Central Europe and the first new subsea cable in the North Sea in 25 years.
Lenders for this refinancing process include MUFG Bank Ltd., DNB, Banco Santander, Landesbank Baden-Wuerttemberg, Lloyds Bank, NORD/LB, Goldman Sachs International Bank, NatWest, Kookmin Bank London Branch, Woori Bank London Branch, NIBC Bank, funds managed by Allianz Global Investors, and funds managed by Edmond de Rothschild Asset Management.
Rothschild & Co is acting as debt advisors to EXA Infrastructure in connection with the refinancing, and Latham and Watkins LLP is acting as the company’s legal advisor. Simpson Thacher and Bartlett LLP is acting as the legal advisor to the lenders in connection with the transaction.
“We’re proud to have the support of such high-calibre lenders and institutions who understand not only our business but also the wider digital infrastructure landscape,” said Kate Hennessy, CFO at EXA Infrastructure. “Such strong demand for the facility underscores market confidence in our strategy and reaffirms our desire to pursue our next stage of growth with conviction.”
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