Financial adviser to the buyers

SCF Advisers A/S assists PGGM and EDF Invest in acquiring 35% of Norlys Fiber

Energy-telco group Norlys has signed a conditional agreement to sell a 35% stake in its wholesale fibernet business to a consortium led by PGGM, the Dutch pension investor, and including EDF Invest, the real assets fund of the French energy group EDF.

SCF Advisers A/S acted as strategic financial adviser to the consortium.

Transaction type:

Minority investment (35%)

Buyer:

Consortium led by PGGM and EDF Invest

Seller:

Norlys

Role:

Financial adviser to the buyers

Year:

2022

Transaction value:

Not disclosed

Industry:

Infrastructure