EQT

Question 1

What are some investments EQT has done out of its Infra Fund V in the US?

Answer 1

• Cypress Creek: renewable energy developer
• Covanta: Owner and operator of waste processing facilities. Business has two segements: 1) Waste to energy facilities that process and convert 22mm tons of waste per year into renewable energy 2) Material processing facilities that recycle and destruct waste
• First Student and First Transit: Largest student transportation service provider in the US providing over 900mm students journeys a year
• EdgeConnex: Owner and operator of highly proximate purpose built data centers for customers in any deployment, size or scale.
• Madison Energy Infrastructure: Madison Energy develops, owns and operatoes distributed solar and BESS projects throughtout the US.
• Zayo: Leading provider of bandwith infrastructure with a fiber network covering 133k route miles and connecting 35k building in North America and Western Europe

Question 2

Why did EQT invest in Zayo?

Answer 2

• Zayo is a global owner and operator of long-haul bandwith infrastructure with exposure to the North America and the EU market.

The company leases fiber and fiber-based lit solutions enabling mission critical high-bandwith applications such as cloud based computing, video, mobile, social media, and machine-to-machine connectivity

Zayo’s key products include: leased dark fiber, fiber to cellular towers and small cell sites, dedicated wavelength connections, Ethernet, IP connectivity, data center colocation and other high bandwith offerings.