Ellex Valiunas has advised Quaero European Infrastructure Fund II on the acquisition of 100% of shares in UAB Duomenu Logistikos Centras from energy company Ignitis Group and Litgrid. TGS Baltic advised the sellers on the transaction, which is due to close in July and was valued at EUR 10.1 million.
QEIF II is a EUR 500 million infrastructure fund managed by Quaero Capital, an independent asset management company. According to Ellex Valiunas, "QEIF II invests across Europe in essential infrastructure projects in sectors such as energy & renewable, social infrastructure, telecom, utilities, and transport. As a new shareholder, QEIF II will consolidate DLC business model, strengthen the company's financial resources, and accelerate its development in the coming years.”
Duomenu Logistikos Centras controls the Data INN data center and also operates an international data transmission network known as the "Baltic Highway." According to Ellex Valiunas, "the network has a contiguous optical connection, linking Tallinn with Frankfurt and the biggest as well as the longest cross-Baltic optical data transmission network – Baltic Optical Network." The total length of the optical fiber network infrastructure is 13,000 kilometers, with a total throughput of 10 Tbit/s.
Ellex Valiunas’ team included Partner Paulius Gruodis, Associate Partner Jolanta Liukaityte-Stoniene, Senior Associate Mantas Juska, and Associate Arvydas Gruseckas.
TGS Baltic's team included Partner Dalia Tamasauskaite-Ziliene, Associate Partner Darius Minotas, Senior Associate Indre Vickaite-Liatuke, and Associate Edvinas Einoris.
