Financial close for fiber network PPPs in France

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Altitude Infra THD has raised EUR 266.8 million (US$ 322.44 million) for the construction, operation, maintenance, and marketing of fiber optic networks in the territories of the Côte d'Or and Landes. Coraï, the AMEL network in Côte d'Or concerns 57,000 households which will be connected by Altitude Infra by the end of 2022, knowing that 2,000 outlets have already been built in 2020 in priority municipalities. As for the AMEL Landais Pixl network, it aims to cover 105,000 outlets by June 2023.

Following are the actors in the operation :


  • Societe Generale
  • Natixis
  • Banco Sabadell
  • Norddeutsche Landesbank Girozentrale
  • Caisse d'Epargne Aquitaine Poitou-Charentes
  • Caisse d'Epargne Bourgogne Franche-Comté
  • Caisse d'Epargne Midi-Pyrénées

Erato Tips:

  • Financial: H3P
  • Legal: White & Case
  • Coverage: Ester Finance

Lender tips:

  • Technical advice: Currie & Brown
  • Traffic advice: On-X
  • Insurance advice: Gras Savoye
  • Legal advisor: DLA Piper
  • Accounting and tax auditor: KPMG

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