RPMI Railpen invests £45 million in Gigaclear
Cameron Barney is delighted to announce the successful closing of an equity investment by RPMI Railpen (Railpen) in the country’s leading rural fibre network builder, Gigaclear plc.
Railpen manages some £25bn of funds on behalf of the Railways Pension Scheme, which is one of the UK’s largest and longest established pension funds.
Cameron Barney originated the transaction and advised Railpen on its investment.
Cameron Barney has now originated and advised on over £200million of equity and debt funding for Gigaclear, through multiple rounds of investment involving both private EIS investors and leading institutions including Woodford Funds, Infracapital and now Railpen.
Cameron Barney began working with Gigaclear when its fibre networks had passed 66 homes. The recent round of financing enabled early investors in Gigaclear to realise part of their holdings for attractive returns.