EllaLink and Natixis are pleased to announce that Natixis has acted as Equity Financial Advisor to EllaLink during its negotiations with Infrastructure fund Marguerite II.
The EllaLink system, providing telecoms connectivity between Spain, Portugal and Brazil will be ready for service in 2020 and will enable low latency, data privacy and high capacity transmission for a broad range of customers between the major financial and population centres of Europe, South America and the Caribbean. Linking Data Centres in Madrid, Lisbon, Fortaleza and São Paulo, EllaLink will provide express subsea connectivity between Europe and Latin America, and offer the first ever direct fibre pairs between the two continents.
On May 07, 2018, Marguerite II, a pan-European equity fund active in the renewables, energy, transport and digital infrastructure sectors, announced the signature of an agreement to join the EllaLink submarine cable system as new sponsor to help develop the project.
Alfonso Gajate, Chairman of EulaLink, declared: “Natixis is a leading investment bank in the subsea cable sector and has been a valued partner throughout the financing process.”
Emmanuel Gillet-Lagarde, Global Head of Infrastructure Finance at Natixis declared: “Natixis welcomes the opportunity to play a key role in the EllaLink project. This role reflects our strategy to support clients on transactions where we can create value through our industry expertise and distinctive experience – what’s more, it demonstrates Natixis’ unique experience in the subsea cable sector.”