Of interest this morning: a recapitalization, a re-emergence, and a couple data center expansion projects:
euNetworks has added a few new backers in a recapitalization led by its majority investors at Stonepeak. Under the terms of the deal, APG Asset Management and Investment Management Corporation of Ontario (IMCO) will invest alongside a Stonepeak managed vehicle. The deal comes, not coincidentally, as euNetworks closes its purchase of the dark fiber business of a Belgian utility company.