Meridiam has successfully reached Financial Close for the financing of its Fiber-To-The-Home (FTTH) rollout in Montabaur, Germany.
This transaction includes a 30-year long-term bond financing to support the rollout of a fiber network expected to reach around 20,000 homes in the Montabaur area. Meridiam has partnered with Vodafone to expedite FTTH deployment across various German municipalities. Together, they plan to provide gigabit-speed broadband to over 500,000 underserved households, with Vodafone handling customer acquisition and service marketing efforts.
The project is funded through an innovative EUR 40 million (US$ 42 million), 30-year bond structure exclusively arranged by MEAG for institutional investors. This marks MEAG's second collaboration with Meridiam to advance its fiber expansion initiatives. Since 2020, Meridiam has invested over EUR 2 billion (US$ 2.10 billion) in digital infrastructure projects across Europe, including Germany, Austria, and Romania, as well as in North America, covering the USA and Canada.