EXA Infrastructure refinances and expands its facility to support growth plans

Backed by major lenders, EXA Infrastructure has raised new facilities to support network expansion and M&A ambitions

EXA Infrastructure refinances and expands its facility to support growth plans

Key takeaways

  • EXA Infrastructure has refinanced its existing facilities and raised new financing in total over €1.3bn, announced October 16th 2025
  • The new facility is structured over seven years to support network expansion and M&A ambitions
  • Lenders include MUFG Bank Ltd., DNB, Banco Santander, Lloyds Bank, Goldman Sachs International Bank and NatWest, among others
  • Rothschild & Co is debt advisor and Latham and Watkins LLP legal advisor to EXA Infrastructure
  • CFO Kate Hennessy says strong demand for the facility underscores market confidence in the strategy

New facility of over €1.3bn

Backed by major lenders, EXA Infrastructure has raised new facilities to support network expansion and M&A ambitions

London, UK, October 16th 2025 - EXA Infrastructure, the largest dedicated digital infrastructure platform connecting Europe and North America, has refinanced its existing facilities and raised new financing in total over €1.3bn to support continued growth ambitions and network expansion plans.

The new facility, structured over seven years, will allow EXA Infrastructure to capitalise on significant market opportunities and expand its network footprint in line with scaling customer ambitions.

Comment from Jim Fagan

Jim Fagan, CEO, EXA Infrastructure, said: “This move gives us an unrivalled ability to continue investing in our network, at a time when our customers need growing amounts of capacity across more routes, to handle an evolving set of applications and demands. Our recent investments have already shown our strategic focus, and with this refinancing, EXA Infrastructure is firmly positioned to lead in network and digital infrastructure throughout Europe and across the Atlantic.”

Recent network investments

EXA Infrastructure announced the signing of binding agreements to acquire Aqua Comms in January, followed by strategic network deployment announcements throughout 2025, including the largest fibre backbone deployment in Central Europe and the first new subsea cable in the North Sea in 25 years.

Lenders and advisors

Lenders for this refinancing process include MUFG Bank Ltd., DNB, Banco Santander, Landesbank Baden-Wuerttemberg, Lloyds Bank, NORD/LB, Goldman Sachs International Bank, NatWest, Kookmin Bank London Branch, Woori Bank London Branch, NIBC Bank, funds managed by Allianz Global Investors, and funds managed by Edmond de Rothschild Asset Management.

Rothschild & Co is acting as debt advisors to EXA Infrastructure in connection with the refinancing, and Latham and Watkins LLP is acting as the company’s legal advisor. Simpson Thacher and Bartlett LLP is acting as the legal advisor to the lenders in connection with the transaction.

Comment from Kate Hennessy

“We’re proud to have the support of such high-calibre lenders and institutions who understand not only our business but also the wider digital infrastructure landscape,” said Kate Hennessy, CFO at EXA Infrastructure. “Such strong demand for the facility underscores market confidence in our strategy and reaffirms our desire to pursue our next stage of growth with conviction.”

About EXA Infrastructure

EXA Infrastructure is an award-winning portfolio company of I Squared Capital and the largest dedicated digital infrastructure platform throughout Europe, connecting North America and Asia via the Middle East. With over 20 years of experience in building resilient networks, EXA Infrastructure provides the critical modern infrastructure and unrivalled engineering expertise that serves as the backbone for digital and economic growth. This includes mission-critical networks for governments and enterprises, hyperscale infrastructure for the world’s most innovative and influential businesses, and ultra-low latency, high bandwidth networks for financial, gaming and broadcast services. Headquartered in London, the company owns 155,000 kilometres of fibre network across 37 countries, including six transatlantic cables and the lowest latency link between Europe and North America. For more information, see exainfra.net.

Frequently asked questions

Who is EXA Infrastructure?

We own and operate 180,000 route km of fibre and duct across 31 countries, with nine transatlantic cable systems connecting Europe and North America. Backed by I Squared Capital, and run as a pure-play infrastructure company, independent of any hyperscaler or cloud.

What does EXA Infrastructure sell?

Dark Fibre, Spectrum, Wavelengths and Ethernet on routes we own, a Managed Fibre Network (MFN) where we run the network on your behalf, colocation at cable landing stations and amplifier sites, and technical services from design and build to full network outsourcing.

Where does the network reach?

Across Europe and the Atlantic: terrestrial routes from the Nordics to the Mediterranean and the Balkans, nine transatlantic systems into North America, and corridors extending east toward the Caucasus.

Who does EXA Infrastructure serve?

Hyperscalers, NeoClouds and content platforms, carriers and service providers, financial markets, and governments and critical infrastructure operators: organisations that want the physical layer on their own terms.

How do you buy from EXA Infrastructure?

Long-term IRUs to hold capacity outright, flexible leases without the long commitment, or fully managed services. The model is yours to pick; the network is the same either way.

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EXA Infrastructure announces EXA Meridian, its ninth transatlantic cable

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