Cube Infrastructure Managers has been selected as the approved applicant to manage the Connecting Europe Broadband Fund through a public procurement process carried out by the EIB over the summer of 2016. The operational launch of the Fund is expected to take place mid-2017.

Grand Lyon fiber concession: Set up of a 15-milllion euro financing.

Idex has received the “Connect Award”, thanks to its strategy with respect to digital transformation, smart metering and connected technologies.

Cube Infrastructure Managers is pleased to announce the first closing, on September 13, 2016 of Cube Infrastructure Fund II, securing a total of € 358.5 million in capital commitments. The European Investment Bank is contributing €100 million to Cube II under the Juncker Plan to support the Fund Manager’s “Buy-Grow-&-Hold” investment strategy, citing the team’s high Environment, Social and Governance (ESG) standards as being one of the attributes that first brought the opportunity to their notice.

Covage has entered into a Share Purchase Agreement on July 19, 2016 to acquire Tutor, an independent French operator of neutral fiber optic network. Through this acquisition, Covage is positioning itself as the leading neutral fiber optic network operator in France, with a potential consolidated addressable market of ca. 1,085 000 homes and 120,000 business sites.

In 2015, Cube Infrastructure’s Public Transport Platform (Germany, Belgium, and Norway) posted € 979 million of Revenues and € 146 million of EBITDA*. This represents a 24% increase in revenues and 37% increase in EBITDA* compared to 2014. Since acquisitions the increase was respectively 41% and 54%.