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Camusat Group access €49.9 M new financing for Aktivco’s further expansion in Africa
Camusat Group at a glance:
- Footprint on 5 continents
- 2,200 direct employees counting over 50 nationalities
- Shareholders: Equistone Partners Europe (https://www.equistonepe.fr/home)
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Aktivco, Camusat Group Infraco Division, announces the signature of a new financing agreement for €49.9 M to support its further business expansion strategy in Africa, continuing its strategic partnership with FEI and joined by Proparco, Norfund, and AfricaGoGreen
“We are satisfied with the signature of this new facility supporting the successful deployment and management of the ESCO project we have been awarded recently in Senegal. This fruitful partnership with our lenders is a fundamental block for the development of our Group, and in particular for our InfraCo Division, AktivCo. I want to express my gratitude and appreciation to our lenders for their constant support and confidence in our capacity to accomplish our mission to reshape the telecom infrastructures into sustainable business models and become a net contributor to the fight against climate change. At the same time, congratulations to our financial team for their dedication to and the hard work invested in this project, and thus in the development of AktivCo.” said Richard Thomas, CEO of Camusat Group.
“This new transaction between AktivCo and the Lenders shows the long-term commitment of the Lenders to support its clients and the ability of the FEI team to arrange debt in a timely manner. This new milestone also demonstrates the financial robustness of the ESCO model”, said Orli Arav, Head of Debt Funds at Cygnum Capital Asset Management.
Mr. Thibaut de Rodellec, Camusat Group Deputy CEO, added: “I am very proud of Aktivco’s journey to this day! With €200 M invested so far in our “Infra as a Service” projects since 2017 and 7,000 ESCO sites under our ownership and management, Aktivco has become an essential player driving decarbonization of the telecom infrastructures and leading the innovation for energy efficiency in our industry. Moreover, the growing reliance of our customer partners on our business models is decisive evidence of the high performance of Aktivco integrated business models concept alongside the undeniable benefits for the overall network performance and sustainability. Together with our team we want to thank all our lenders for their constant assistance and confidence! Our valuable partnership supports Camusat Group’s plans to further accelerate the investment strategy in our Infraco business, making the 10,000 ESCO sites by 2025 more tangible than ever!”
Sustainability has been an essential principle for our Group’s development in the past years. As part of the telecom ecosystem, our Group assumed an active role in pursuing its own business transformation and focus on improving the reliability of its governance.
We are particularly proud of the latest progress our Group achieved with the development of a comprehensive ESG approach, highlighted in our ESG report. The completion of our first carbon footprint report allowed us to set up action plans at all levels of our Group to reduce our greenhouse gas emissions.
Beyond our environmental focus, we also continue to promote the development of our workforce besides health and safety and apply our business ethics through our value chain. The Group’s success is consistently based on individual wealth and shared values with our employees.”
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