G.Network Communications Ltd (“G.Network”), Albion Capital LLP (“Albion”) and Cube Infrastructure Managers (“Cube IM”) are pleased to announce that G.Network and Albion have closed an agreement with Cube Infrastructure Fund II (“Cube II”), whereby Cube II is providing an initial GBP60 million of additional funding to G.Network.

Cube is very proud to announce the completion of the sale of Idex to Antin that took place on August 8, 2018.

Cube acquires Groupe Lacroix, the leading privately owned public transport bus operator in the greater Paris region.

The Connecting Europe Broadband Fund is a fund fully dedicated to broadband infrastructure managed by Cube Infrastructure Managers and launched by the European Commission, the European Investment Bank, the German KfW Bankengruppe, the Italian Cassa depositi e prestiti and France’s Caisse des Dépôts et Consignations.

“We are delighted to have entered into exclusivity with Antin, who share the same vision for Idex and recognise the full growth potential of the Company. We believe that Idex will continue to flourish in the coming years thanks to the support of Antin and the leadership of its CEO and management team”

Cube Infrastructure Fund (“Cube”) has entered into an agreement with Everbright Overseas Infrastructure Investment Fund (“Everbright”), a fund sponsored and managed by Hong Kong listed cross-border asset management and investment company China Everbright Limited (“CEL”) (HKG:0165), to sell Boreal Holding AS (“Boreal”). The management team will remain with Boreal.