Eurofiber
Eurofiber is the largest independent business-to-business fiber operator in the Netherlands, with a strong presence in Belgium, France, Germany and Luxembourg. Since its inception in 2000, its open-access fiber-only model has supported efficient infrastructure deployment. Its owned network spans approximately 80,000 km. The company also operates eight colocation datacenters in the Netherlands, offering an integrated one-stop shop connectivity services stack. Eurofiber plays a vital role in critical infrastructure, connecting a number of hospitals, universities, energy network operators, datacenters, and supporting a large share of mobile traffic.
Why did we invest?
Our investment in Eurofiber was made to gain exposure to:
- Essential digital infrastructure, connecting businesses, public institutions and critical service providers
- An open-access fiber network that supports the growing need for reliable, high-capacity connectivity across Western Europe
- A company that plays an important role in the digitalization of society, including connectivity for hospitals, universities, energy network operators and mobile traffic
How does it fit the 3D Framework?
The investment supports PGGM’s 3D objectives through the following characteristics:
- Recurring connectivity revenues and continued demand for high-capacity fiber infrastructure support long-term financial outcomes
- Dense network footprint and diversified customer base support operational resilience and reduce concentration risk
- Eurofiber enables reliable digital connectivity for critical sectors while pursuing its decarbonization pathway through SBTi-validated net-zero targets