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OMERS French digital asset secures $6.3 bln of credit facilities
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OMERS French digital asset secures $6.3 bln of credit facilities
Oct 17, 2024 1:44 PM

Oct 16 (Reuters) - OMERS Infrastructure, the

infrastructure investments unit of Canada-based pension plan

owner OMERS, said on Wednesday that XpFibre, its digital asset

in France, has secured 5.8 billion euros($6.31 billion) of

credit facilities.

OMERS raised this amount along with other shareholders such

as Altice, Allianz, and AXA IM Alts, the alternative

investment arm of French insurer AXA.

XPFibre is an alternative fibre-to-the-home (FTTH)

infrastructure wholesale operator that delivers high speed

internet to approximately 25% of the French territory in terms

of homes passed, according to OMERS Infrastructure website.

($1 = 0.9198 euros)

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