Cassa Depositi e Prestiti (Cdp), through its subsidiary Cdp Equity, has completed the acquisition of a further 10% stake in Open Fiber from Enel. Cdp Equity, according to a note, thus becomes the largest shareholder of Open Fiber with an overall share of 60% of the capital. At the same time, Macquarie Asset Management completed the acquisition of the remaining 40% of Open Fiber from Enel. The new members of the Open Fiber board were then appointed with Barbara Marinali in the office of President, the current general manager Mario Rossetti as managing director, Alessandro Tonetti and Roberta Battaglia appointed by Cdp Equity and Nathan Luckey and Geoffrey David Shakespeare expression of Macquarie Asset Management. The new Board of Statutory Auditors was also appointed, which is made up of Angelo Colombo (Chairman), Eugenio Pinto and Simona Arduini (standing auditors).
Franco Bassanini, outgoing president of the company who accompanied in the start-up phase, was thanked for the work done. He will continue the collaboration as Senior Advisor.
The BoD met at the same time and approved the business plan 2022-2031, which aims to cover the entire national territory, through the completion of the interventions in the black areas (clusters A and B) and in the white areas (clusters C and D) and the coverage of the gray areas, starting from the participation in the tenders that will be called by the Government within the framework of the PNRR.
To cover the new business plan, the Board of Directors approved the agreement reached with Banca Santander, Banco BPM, BNP Paribas, Crédit Agricole, ING Bank, Intesa, Société Général and Unicredit which envisages credit lines committed for 7,175 billion euros.
"This transaction represents the largest infrastructure financing in telecommunications networks ever undertaken in EMEA and gives OF the resources and flexibility necessary to accelerate and complete the ongoing interventions and to further extend its presence on the national territory".
