Infranity, one of the largest infrastructure investment specialists in Europe, is delighted to have participated in the refinancing of IFT, a French fiber joint venture between InfraVia and Iliad.
IFT is an operator provider of access to fibre-to-the-home (FTTH) lines created in 2019. IFT aims at financing and accelerating the deployment of optical fiber in the medium and low-density areas in France, in line with French government’s Très Haut Débit Plan. With a nation-wide presence and having installed more than 30 million of FTTH lines to date, IFT is committed to and contributes to the digital development of the territory. IFT leases access to anchor tenant Free, a unit of Iliad.
The financing comprises the refinancing of the existing debt together with additional capex to support the expansion of the platform.