Institutional investors advised by J.P. Morgan Asset Management’s Global Transportation Group (“JPM GTG”) acquired Umove (the “Company”), the leading line bus operator in Denmark, from Cube Infrastructure Managers (“Cube”), a leading European mid-market infrastructure investor.
Cube Infrastructure Managers is pleased to announce that Railpen, one of the UK’s largest pension managers, has acquired a 25% stake in Verdis (formerly Urbaser Nordic), the leading Nordic municipal waste collection operator.
The acquisition of Eco.Déchets’ municipal waste collection contracts strengthens Sepur’s regional presence in the North-East of France and is part of the firm’s strategic expansion plan, further enhancing its position as a key environmental services player in France.
Verdis: A New Era of Sustainability and Innovation in the Nordic Region
Cube Infrastructure Managers is pleased to announce the final close of its Cube Infrastructure Fund III with total fund commitments of €1.35 billion and additional co-investment commitments of approximately €150 million. Following a first close of €1 billion in September 2021, the final close marks the largest fund Cube has ever raised.
Rede Aberta, leading neutral open access network provider in Galicia, and the first investment of the Connecting Europe Broadband Fund (“CEBF”) in Spain, has secured a new senior debt package totaling €50 million.